Business

Naira loses to dollar, exchanges at N445.50

The naira on Tuesday November 22, 2022 depreciated against the dollar at the Investors and Exporters window, exchanging at N445.50.

The figure represents a depreciation of 0.03 per cent compared with the N445.38 for which the dollar exchanged on Monday.

The open indicative rate closed at N443.92 to the dollar on Tuesday.

READ ALSO: Dangote: I’m committing $700m to boost sugar production

An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N445.50.

The naira sold for as low as 431 to the dollar within the days trading.

A total of $74.72 million was traded at the official Investors and Exporters window on Tuesday.

The Star

Editor

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