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Naira Continues To Fall As It Depreciates By 0.29%

Naira Continues To Fall As It Depreciates By 0.29%

At the Investors and Exporters window on Tuesday, the Naira further depreciated versus the dollar, trading for N436.00 as opposed to N434.75 on Monday.

On Tuesday, the open indicative rate reached a high of N433 to the dollar.

Before it closed at N436, the exchange rate for the day’s trade peaked at N437.50 to the dollar.

In the day’s trade, the Naira dropped as low as N425 to the dollar.

On Tuesday, transactions at the official Investors and Exporters window totaled 63.05 million dollars.

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