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Naira exchanges at 702.19 to dollar at investors, exporters window

The naira depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on Wednesday.

• June 15, 2023
Naira and Dollar
Naira and Dollar

The naira on Thursday lost against the dollar at the Investors and Exporters window, exchanging N702.19 to the dollar.

The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on Wednesday.

The open indicative rate stood at N658.50 to the dollar on Thursday.

An exchange rate of N791 to the dollar was the highest rate recorded within the day’s trading before it settled at N702.19.

The naira sold for as low as 461 to the dollar within the day’s trading.

A total of $70.72 million was traded at the official Investors and Exporters window on Thursday.

(NAN)

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