Markets
Naira weakens by 0.12%, exchanges $/N419.50 in I&E forex window
The Naira depreciated at the Investors and Exporters window on Thursday, exchanging at N419.50 to the dollar, a 0.12 per cent depreciation, compared to N419 on Wednesday.
The open indicative rate closed at N418.83 to the dollar on Thursday.
An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.50.
The Naira sold for as low as 413 to the dollar within the day’s trading.
A total of 760.20 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday. (NAN)
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