Naira’s Value Slips Against Dollar, Closes at N778.42 at the Investors and Exporters Window
In a downward movement, the Nigerian naira experienced a depreciation against the US dollar on Friday, with an exchange rate of N778.42 at the Investors and Exporters window.
This marked a decline of 0.87% in comparison to the previous day, when the naira traded at N771.69 for a dollar.
The day concluded with an open indicative rate of N773.29 to the dollar on Friday.
During the day’s trading session, the peak exchange rate was N799.90 for a dollar, although it eventually settled at N778.42.
Conversely, the naira achieved a minimal exchange rate of N700 to the dollar within the same trading day.
The Investors and Exporters window saw a total trading volume of 73.80 million dollars on Friday.
