Connect with us

BUSINESS

Naira depreciates further, exchanges at N430.67 to dollar

Published

on

The Naira on Tuesday further depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67.

The figure represented a decrease of 0.29 per cent, compared with N429.43 it exchanged for the dollar on Monday.

The open indicative rate closed at N429.09 to the dollar on Tuesday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.67.

The Naira sold for as low as N417 to the dollar within the day’s trading.

A total of 175.67 million dollars was traded in foreign exchange at the official Investors and Exporters window on Tuesday.

sun news paper

Lydia Ngwakwe

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments
JoinOurWhatsAppChannel

Website Designed By DEBORIAN.COM, a Nigerian Web Designer and Web Developer -