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Naira constant, exchanges at 445.30 to dollar

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Naira exchanges at N359.4 to dollar at parallel market

The naira remained unchanged on Wednesday, exchanging at 445.30 to the dollar at the Investors and Exporters Window.

The local currency did not change from its value on Tuesday while the open indicative rate closed at N444.25 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 N445.30.

The naira sold for as low as 440 to the dollar within the day’s trading.

A total of 177.44 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

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.

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