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Naira falls on Wednesday, exchanges at ₦782.38 to dollar

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Naira depreciated against the dollar on Wednesday as it exchanged at ₦782.38 at the Investors and Exporters window.

 

It lost by 3.38 per cent when compared with ₦757.51 for which it exchanged for the dollar on Tuesday.

 

The open indicative rate closed at ₦778.49 to the dollar on Wednesday.

 

A spot exchange rate of ₦800 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦782.38.

 

The Naira sold for as low as ₦730 to the dollar within the day’s trading.

 

A total of 60.26 million dollars was traded at the investors and exporters window on Wednesday.

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