The Naira on Monday depreciated against the dollar, exchanging at N774.78 at the Investors and Exporters window.

The Naira lost by 4.27 per cent when compared with N743.07 for which it exchanged for the dollar after the close of business on August 4.

The open indicative rate closed at N771.64 to the dollar on Monday.

Naira Drops Against Dollar at Investors, Exporters Window
Politics & Governance · Naira Drops Against Dollar at Investors, Exporters Window

A spot exchange rate of N799 to the dollar was the highest rate recorded within the day’s trading before it settled at N774.78.

The Naira sold for as low as N475 to the dollar within the day’s trading.

A total of 45.98 million dollars was traded at the investors and exporters window on Monday.

Frequently Asked Questions

What is the latest news about naira drops against dollar at investors exporters window?

The Naira on Monday depreciated against the dollar, exchanging at N774.78 at the Investors and Exporters window.

Why does this matter for politics-governance?

The open indicative rate closed at N771.64 to the dollar on Monday.

What are the key facts about naira drops against dollar at investors exporters window?

The Naira sold for as low as N475 to the dollar within the day’s trading.

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Senior political and economy reporter covering Nigeria from Abuja. Over 12 years of experience tracking government policy, legislative affairs, and Nigeria's evolving business landscape.