HomeEconomyNaira depreciates again, exchanges at N419.75 to the dollar

Naira depreciates again, exchanges at N419.75 to the dollar

Date:

Related stories

BREAKING: Gov. Yusuf approves N71,000 as minimum wage for Kano workers

Kano state governor Abba Kabir Yusuf has approved the...

Kwankwaso blasts FG over Kano palliative, security issues

Senator Rabiu Musa Kwankwaso has sharply criticized the Federal...

Nigeria’s smartphone market declines as economic difficulties worsen

The smartphone market in Nigeria is facing a significant...

Tinubu approves NNPC’s use of 2023 dividends for fuel subsidy

President Bola Ahmed Tinubu has authorized the Nigerian National...

Nigeria’s inflation rate falls for the first time in nearly two years

Nigeria’s headline inflation rate has dropped to 33.40% in...
spot_img

The Naira depreciated against the dollar at the Investors and Exporters window on Friday as it exchanged at N419.75 to the dollar, a 0.06 per cent depreciation, compared to N419.50 to the dollar on Thursday.

The open indicative rate closed at N419.70 to the dollar.

Naira gains marginally against dollar, exchanges at 419

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.75.

The Naira sold for as low as 410 to the dollar within the day’s trading.

A total of 185.85 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday.

Subscribe

Latest stories