The Naira on Friday ended the week losing against the dollar, exchanging at N775.76, at theInvestors and Exporters window.
The local currency lost 0.93 per cent when compared with N768.60 which it exchanged for the dollar on Thursday.
The open indicative rate closed at N776.74 to the dollar on Thursday.
A spot exchange rate of N799.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N775.76.
The naira sold for as low as N465 to the dollar within the day’s trading.
A total of 54.18 million dollars was traded at the investors and exporters window on Friday.
The continuous fluctuations in the exchange rate between the Naira and the Dollar continue to impact Nigeria’s economy, drawing attention to the need for measures to stabilize the currency’s value and ensure economic stability.
Frequently Asked Questions
What is the latest news about naira ends week losing against dollar by 093 with new exchange rate?
The Naira on Friday ended the week losing against the dollar, exchanging at N775.76, at theInvestors and Exporters window.
Why does this matter for politics-governance?
The open indicative rate closed at N776.74 to the dollar on Thursday.
What are the key facts about naira ends week losing against dollar by 093 with new exchange rate?
The naira sold for as low as N465 to the dollar within the day’s trading.
