Connect with us


Naira extends losses to dollar at Investors and Exporters window



Naira exchanges at N359.4 to dollar at parallel market

The Naira on Wednesday weakened for the third day against the dollar at the Investors and Exporters window, exchanging at N431.

The figure represented a decrease of 0.08 per cent, compared with N430.67 it exchanged for the dollar on Tuesday.

The open indicative rate closed at N428. 67 to the dollar on Wednesday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N431.

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

A total of 131.30 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

vgn news

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.


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