HomeEconomyNaira depreciates by 0.08%, exchanges at 436.33 to dollar

Naira depreciates by 0.08%, exchanges at 436.33 to dollar

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The Naira on Tuesday exchanged at N436.33 to the dollar at the Investors and Exporters window, a depreciation of 0.08 per cent, compared with N436 to the dollar on Monday.

The open indicative rate closed at N434.93 to the dollar on Tuesday.

An exchange rate of N441 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33.

The Naira sold for as low as N435 to the dollar within the day’s trading.

A total of 99.43 million dollars was traded at the official Investors and Exporters window on Tuesday.

Nanny

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