The Naira depreciated at the Investors and Exporters window on Tuesday, just five days before the inauguration of the new government, exchanging at N464.42 to the dollar.
The figure represents a 0.20 percent decrease from the previous day's (Monday) trade.
As a result, an open indicative rate closed at N464.10 to the dollar on Tuesday.
The figure represents a 0.20 percent decrease from the previous day's (Monday) trade.
As a result, an open indicative rate closed at N464.10 to the dollar on Tuesday.
An exchange rate of N632 to the dollar was the highest rate recorded within Tuesday’s trading before it settled at N464.42.
The naira sold for as low as 460 to the dollar within the day’s trading.
Consequently, at the official Investors and Exporters window, $215.91 million was traded.
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