BUSINESS

Naira drops, exchanges at N461.60 to dollar

Published

2 years ago

February 23, 2023

Lydia Ngwakwe

Naira exchanges at N359.4 to dollar at parallel market

The Naira on Wednesday exchanged at N461.60 to the dollar at the Investors and Exporters window.

The figure represented a decrease of 0.06 per cent compared with the N461.33 it exchanged on Tuesday.

The open indicative rate closed at N461.35 to the dollar on Wednesday.

An exchange rate of N462.01 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.60.

The Naira sold for as low as N446 to the dollar within the day’s trading.

A total of 81.95 million dollars was traded at the official Investors and Exporters window on Wednesday.

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Lydia Ngwakwe

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