The naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters’ window.
The naira decreased by 7.72 percent compared with N746.28, which it exchanged for the dollar on Thursday.
The open indicative rate closed at N763.36 to one dollar on Friday.
A spot exchange rate of N829 to the dollar was the highest rate recorded within the day’s trading before it settled at N803.90.
The naira sold for as low as N689.34 to the dollar within the day’s trading.
On Friday, $46.90 million was traded at the investors and exporters’ window.
(NAN)
About The Author
More Stories
FCCPC insists Meta must pay $220m fine despite threat of quitting Nigeria
EFCC arrests ex-Port-Harcourt, Warri, Kaduna Refineries MD over $2.96billion fraud
Akinwunmi Adesina warns: ‘Nigeria’s economic stagnation will be perpetual without stable electricity’