Connect with us


News

Naira Begins On A Negative Note, Exchanges N430 To Dollar

Published

on

facebook sharing button
twitter sharing button
linkedin sharing button
pinterest sharing button
whatsapp sharing button
sharethis sharing button

Naira has begun in a negative note, exchanges N430 to the dollar.

 

 

Advertisement

CityNews reports that the naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430.

 

Advertisement

The figure represented a decrease of 0.09 per cent compared with the N429.62 it exchanged for the dollar before the close of business on Aug. 12.

 

Advertisement

The open indicative rate closed at N429.70 to the dollar on Monday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.

Advertisement
READ ALSO:   Cleric Arrested For Abducting 15-year-old Girl For Ritual In Ogun

 

Advertisement

The Naira sold for as low as N417 to the dollar within the day’s trading.

A total of 134.30 million was traded in foreign exchange at the official investors and exporters window on Monday.

Advertisement
Advertisement







Also Read...