Monday, July 6, 2026

Naira slumps again, exchanges at N446 per dollar at I&E window

The figure represents an appreciation of 0.11 per cent compared with N445.50 to the dollar it exchanged on Tuesday.

• November 23, 2022
Dollar and Naira
Bureau De Change

The naira on Wednesday depreciated against the dollar at the Investors and Exporters window, exchanging at N446.

The figure represents an appreciation of 0.11 per cent compared with N445.50 to the dollar it exchanged on Tuesday.

The open indicative rate closed at N444.17 to the dollar on Wednesday.

An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.

The naira sold for as low as 439.03 to the dollar within the day’s trading.

A total of 145.89 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday. 

(NAN)

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