Business

Naira drops against dollar at investors, exporters window

Naira, on Thursday, June 8, depreciated against the dollar at the Investors and Exporters window, exchanging N469.50.

The local currency showed a 1.04 per cent decrease when compared with N464.67 it exchanged for the dollar on Wednesday.

The open indicative rate closed at N468.94 to the dollar on Thursday.

READ ALSO: Naira extends stability at investors, exporters window

An exchange rate of N476.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N469.50.

The naira sold for as low as 460 to the dollar within the day’s trading.

A total of $74.18 million was traded at the official Investors and Exporters window on Thursday.

The Star

Segun Ojo

Recent Posts

Okpebholo sets up panel to probe Obaseki’s administration

Edo State Governor Monday Okpebholo has constituted a 14-man Assets Verification Committee to probe the…

12 mins ago

Access Bank: N500m not missing from our customer’s account

Access Bank Plc has debunked a report of a missing N500 million from the account…

32 mins ago

PDP: We’ll resist attempt to impose Seyi Tinubu as Lagos governor

The Lagos State chapter of the opposition Peoples Democratic Party (PDP) has vowed to stop…

3 hours ago

NDLEA arrests Chinese for cocaine dealing, seizes N4.3bn drugs at ports

The operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a Chinese man,…

4 hours ago

Businessman excretes 90 wraps of cocaine at Enugu airport

A 50-year-old businessman, Osuoha Christian Iheanacho, has excreted 90 wraps of cocaine after his arrest…

4 hours ago

PDP govs to Tinubu: Review your economic policies, Nigerians are suffering

The Peoples Democratic Party (PDP) Governors’ Forum has urged President Bola Tinubu to review his…

9 hours ago

This website uses cookies.