Friday, April 19, 2024

Naira dips further at investors, exporters window

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N429.

• July 29, 2022
Naira and Dollar
Naira and Dollar

The Naira on Friday depreciated against the dollar at the Investors and Exporters window, exchanging at N429.

The figure represented an increase of 0.66 per cent compared with the N426.20 it exchanged for the dollar on Thursday.

The open indicative rate closed at N428.10 to the dollar on Friday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N429.

The naira sold for as low as N406 to the dollar within the day’s trading.

A total of 59.59 million dollars was traded in foreign exchange at the official Investors and Exporters’ window on Friday.

(NAN)

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

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Minister of Sports Development, Senator John Owan-Enoh

Sport

Ministry signs N35 billion MoU with firm for sports development

Mr Enoh said that the partnership would help to inject funding into sports development from the private sector.

KEROSENE PUMP

Economy

Kerosene price stood at N1,354.40 in March: NBS

It said the South-South recorded the lowest average retail price per litre of kerosene at N1,273.07.

Ahmed Ododo

States

Gov. Ododo warns against breach of peace

My administration will no doubt resist any attempt to instigate violent protests in any part of the state under any guise

The Defence Headquarters (DHQ) in Abuja

Heading 2

Okuama Killings: Senator commends DHQ for release of detained traditional ruler

The king was released on Friday by the Defence Headquarters after spending about three weeks in the military custody.

ROAD CRASH

Heading 5

Two die in Ilaro-Owode road crash 

She said that a total number of seven people were involved, which comprised four men and three women.