Business

Naira drops, exchanges at N803.90 against dollar

The naira, on Friday, July 14, 2023, depreciated against the dollar, exchanging at N803.90 at the investors and exporters window.

The naira decreased by 7.72 per cent when compared with N746.28 for which it exchanged for the dollar on Thursday.

The open indicative rate closed at N763.36 to one dollar on Friday.

READ ALSO: Naira gains at investors, exporters window

A spot exchange rate of N829 to the dollar was the highest rate recorded within the day’s trading before it settled at N803.90.

The naira sold for as low as N689.34 to the dollar within the day’s trading.

A total of $46.90 million was traded at the investors and exporters window on Friday.

The Star

Segun Ojo

Recent Posts

NDC leaders resolve party dispute as Obi, Dickson hold closed-door meeting in Abuja

The leadership of the Nigeria Democratic Congress (NDC) has moved to strengthen internal unity following…

5 hours ago

Partey denied entry to Canada ahead of Ghana’s World Cup opener

Ghana midfielder Thomas Partey has reportedly been denied entry into Canada ahead of the Black…

6 hours ago

Democracy Day: Uba Sani frees 97 inmates, offers grants, skills training for reintegration

Kaduna State Governor Uba Sani on Friday granted clemency to 97 inmates of the Kaduna…

8 hours ago

DSS intercepts arms shipment, nabs courier in Kano

Operatives of the Department of State Services (DSS) have arrested a suspected arms courier, Muhammad…

9 hours ago

Pele’s 1958 World Cup medal set for £500,000 auction

A winners’ medal earned by Brazilian football icon Pele during the 1958 FIFA World Cup…

9 hours ago

Old Oyo national park remains hideout of kidnapped pupils, teachers — Makinde

Oyo State Governor, Seyi Makinde, has disclosed that students and teachers abducted by suspected bandits…

10 hours ago

This website uses cookies.