Business

Naira slides, exchanges at N446 to dollar

The naira, on Tuesday, exchanged at 446.38 to the dollar at the Investors and Exporters window, a depreciation of 0.09 per cent, compared with the N446 it exchanged on Monday.

The open indicative rate closed at N445.40 to the dollar on Tuesday.

An exchange rate of N452 to the dollar was the highest rate recorded within the day’s trading before it settled at N446.38.

READ ALSO: Presidency: No missing N89trn from stamp duty

The naira sold for as low as N440 to the dollar within the day’s trading.

A total of N72.15 million was traded at the official Investors and Exporters window on Tuesday.

The Star

Segun Ojo

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