HomeLocal NewsNaira depreciates, sells at N419.50 to dollar

Naira depreciates, sells at N419.50 to dollar

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The Naira exchanged at N419.50 to the dollar at the Investors and Exporters window on Thursday.

This represents a 0.28 per cent depreciation, compared to N418.33 to the dollar recorded on Wednesday.

The open indicative rate closed at N417.81 to the dollar on Thursday.

Dollar to Naira exchange rate, April 21

Dollar to Naira exchange rate, April 20

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.50.

The Naira sold for as low as N410 to the dollar within the day’s trading.

A total of $124.85 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday. (NAN)

 

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