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Home Business

Naira loses by 1.26% at investors, exporters window

by Diplomatic Info
July 22, 2023
in Business, Nigeria
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After two days of gains, naira depreciates again
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The naira on Friday depreciated against the dollar, exchanging at N777.82 at the Investors and Exporters window.

The naira lost by 1.26 per cent compared with N768.16, which it exchanged for the dollar on Thursday. 

The open indicative rate closed at N779.58 to the dollar on Friday.

A spot exchange rate of N844 to the dollar was the highest rate recorded within the day’s trading before it settled at N777.82. 

The naira sold for as low as N700 to the dollar within the day’s trading.

On Friday, $77.99 million was traded at the investors and exporters’ window. 

(NAN)

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