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Naira loses against dollar, exchanges at 424.88 — Daily Nigerian

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The Naira on Wednesday lost to the green back at the Investors and Exporters window, exchanging at 424.88 to the dollar against 421.00 traded on Tuesday, a 0.80 per cent depreciation.

The open indicative rate closed at N421.80 to the dollar on Wednesday.

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An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N424.88.

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The naira sold for as low as 410 to the dollar within the day’s trading.

A total of 112.83 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

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