Business

Naira drops against dollar, exchanges at N771.59

The naira, on Wednesday, September 6, 2023, depreciated against the dollar as it exchanged at N771.59 at the investors and exporters window.

The naira lost 3.57 per cent compared to the N744.97 it exchanged for the dollar on Tuesday.

The open indicative rate closed at N766.67 to the dollar on Wednesday.

READ ALSO: Naira gains against dollar at investors, exporters’ window

A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N771.59.

The naira sold for as low as 705 to the dollar within the day’s trading.

A total of $65.30 million was traded at the investors and exporters window on Wednesday.

The Star

Segun Ojo

Recent Posts

Many feared dead as bomb explosions rock Maiduguri

Several people are feared dead and others injured following multiple bomb explosions that struck Maiduguri,…

1 hour ago

Tinubu to begin state visit to UK Tuesday

President Bola Ahmed Tinubu will depart Abuja on Tuesday for a state visit to the…

1 hour ago

Wike orders demolition of illegal estate on Guzape Park, inspects key FCT road projects

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has directed the demolition of…

3 hours ago

White House chief of staff Susie Wiles diagnosed with breast cancer

White House chief of staff Susie Wiles has been diagnosed with early-stage breast cancer. United…

3 hours ago

EFCC witnesses detail bank transactions in N8.7bn fraud trial linked to Malami’s family

The trial of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, continued…

4 hours ago

EFCC arraigns ex-convict over N12m theft in Lagos

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned an ex-convict, Oluokun Gabriel Adekola,…

4 hours ago

This website uses cookies.