Monday, November 28, 2022

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
Dollar and Naira

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)

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

Lieutenant-General Faruk Yahaya,

NationWide

Army, NITDA partner on modern technology for national security

Chief of Army Staff Lt. Gen. Faruk Yahaya says Nigeria was currently witnessing one of the most challenging times in its history.

Gavel

Lagos

Man docked for allegedly obtaining N2.5 million by false pretence

The suspect defrauded his victim under the pretence of selling one plot of land to her.

Gavel

Rights

Kaduna farmer defiled two children, court hears 

The Nigeria Security and Civil Defence Corps (NSCDC) charged the farmer with defilement against the two girls, aged nine and 10.

A composite of Buhari, Osinbajo and Femi Adesina used to illustrate the story.

Diaspora

Japa: Nigerians can flee abroad as they like, says Buhari regime

“If you think migrating legally is good for you, all well and good. By all means, go!”

Court room

States

Two teenagers jailed for possessing Indian hemp 

The judge, however, did not give the convicts an option of fine but ordered their jail term to begin from the day of their arrest.

Rights

Shanghai Protest: UK condemns China police for assaulting BBC journalist 

British Business Minister Grant Shapps said on Monday that there was no excuse for journalists covering protests to be beaten by police.