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Home BUSINESS

Naira Drops Further at Investors, Exporters Window | METROWATCH

By Lydia Ngwakwe

Seyi Babalola by Seyi Babalola
June 28, 2023
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Naira

Naira Crashes against Dollar 24 Hours after Presidency Celebrated Gain

The Naira on Tuesday dropped further, exchanging for N763 against the dollar at the Investors and Exporters window.

The Naira depreciated by 0.67 per cent when compared with N768.17 for which it exchanged for the dollar at the close of business on Monday.

The open indicative rate closed at N760.50 to the dollar on Tuesday.

An exchange rate of N841 to the dollar was the highest rate recorded within the day’s trading, before settling at N763.

The Naira sold for as low as 467 to the dollar within the day’s trading.

A total of 245.65 million dollars was traded at the official investors and exporters window on Tuesday. (NAN)

Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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