Naira weakens against dollar at Investors, Exporters’ window


The naira lost 0.2 per cent against the dollar on Thursday, exchanging at N462 at the Investors and Exporters window.

The rate at N462 represented a decrease of 0.2 per cent when compared to the N461.09 it exchanged to the dollar on Wednesday.

The open indicative rate closed at N461.50 to the dollar on Thursday.

An exchange rate of N462.11 to the dollar was the highest rate recorded within the day’s trading before it settled at N462.

The naira sold for as low as N446 to the dollar within the day’s trading.

A total of $97.78 million was traded at the official Investors and Exporters window.

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