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Naira drops further against the dollar; exchanges at N765.13

Published

11 months ago

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The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13.

It depreciated by 0.26 per cent when compared with the N763.17 for which it exchanged for the dollar on Wednesday.

Open indicative rate closed at N753.50 to the dollar on Thursday.

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading, before it settled at N765.13.

The naira sold for as low as 446.32 to the dollar within Thursday’s trading.

A total of 204.84 million dollars was traded at the official investors and exporters window on Thursday.

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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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