Home » Naira drops, trades at N461.50 to dollar

Naira drops, trades at N461.50 to dollar

by Mustapha Salisu
0 comment 1 minutes read

The Naira has on Friday dropped against the dollar as it was exchanged at N461.50 at the Investors’ and Exporters’ window.

Compared to Thursday’s N461 exchange to dollar, the rate represented a decrease of 0.11 per cent

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

An exchange rate of N462.44 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.50.

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

A total of US$ 82.56 million was traded at the official Investors’ and Exporters’ window.

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