Naira depreciates by 0.15%, exchanges at 446.67 to dollar
The naira on Tuesday exchanged at N446.67 to the dollar, a depreciation of 0.15 per cent when compared with N446 to the dollar it exchanged on Monday.
The open indicative rate closed at N443.90 to the dollar on Tuesday at the Investors and Exporters window.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.67.
The local currency sold for as low as N432 to the dollar within the day’s trading.
A total of $84.89 million was traded at the official Investors and Exporters window on Tuesday.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
The DMO chief said the international market had closed its doors to borrowing, making it difficult for Nigeria to borrow.
“We want to live a normal life. We should all bravely express our feelings,” said a protester.
“There is still heavy gunfire inside the hotel, and we hear explosions from time to time.”
Mr Buhari on Wednesday unveiled the new notes of N200, N500 and N1,000.