Currency swap: The Nigerian naira begins the new week on a negative note against the US dollar.

On Monday, the Naira fell against the dollar, exchanging for N464 at the investors' and exporters' window.

When compared to the N462.33 it exchanged at the close of business on May 12, the rate was down 0.36 percent.

On Monday, the open indicative rate was N463.50 to the dollar.

Within the day, a spot exchange rate of N467 was used for trading before it settled at N464.

The spot exchange rate was determined instantly.

The Naira sold for as low as N460 to the dollar within the day’s trading.

A total turnover of 55.10 million dollars was traded at the official Investors’ and Exporters’ window.

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