28th October, 2022
Lydia Ngwakwe
The Naira on Friday exchanged at N444.75 to the dollar at the Investors and Exporters window, a depreciation of 0.06 per cent, compared with N444.50 to the dollar it exchanged on Thursday.
The open indicative rate closed at N443 to the dollar on Friday.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N444.75.
The Naira sold for as low as 438 to the dollar within the day’s trading.
A total of 61.89 million dollars was traded at the official Investors and Exporters window on Friday.
In recent time, the Nigerian currency has continued to weaken against the dollar
At the Black Market, the the Nigerian currency exchanges between ₦765 and ₦775 with an average of ₦770.00 today on 28 February, according to 4 sell rates shared by the users as comments.
On Thursday, the Naira exchanged at 444.50 to the dollar at the Investors and Exporters window, a depreciation of 0.64 per cent, compared with N441.67 to the dollar it exchanged on Wednesday.
The open indicative rate closed at N441.25 to the dollar on Thursday.
An exchange rate of N450.06 to the dollar was the highest rate recorded within the day’s trading before it settled at N444.50.
The Naira sold for as low as 425 to the dollar within the day’s trading.
A total of 100.90 million dollars was traded at the official Investors and Exporters window on Thursday.