Investors’ Window: Naira value drops against dollar to 0.04%


The naira depreciated at the Investors and Exporters window on Wednesday, exchanging at N464.67 to the dollar.

The local currency showed a 0.04 percent decrease compared to the N464.50 to one dollar it traded on Tuesday.

The open indicative rate closed at N464.10 to the dollar on Wednesday.

An exchange rate of N467 to the dollar was the highest rate recorded within Wednesday’s trading before it settled at N464.67.

The naira sold for as low as 460 to one dollar within the days of trading.

On Wednesday, $163.74 million was traded at the official Investors and Exporters window.



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