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Naira ‘sheds’ value against US dollar at investors/exporters widow



 Naira sheds value against US dollar at investors exporters widow

The Nigerian company, Naira, on Friday exchanged at N461.90 against $1 at the Investors and Exporters window.

The figure represents a decrease of 0.16 per cent, compared with the 461.17 it exchanged on Thursday.

The open indicative rate closed at N461.20 to the dollar on Friday.

An exchange rate of N462 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.90.

READ ALSO :Naira devalued as CBN adjusts official exchange rate

The Naira sold for as low as 440 to the dollar within the day’s trading.

A total of N72.18 million was traded on Friday at the official Investors and Exporters window.

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