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Naira depreciates slightly against United States dollar



 Naira depreciates slightly against United States dollar

The Nigerian currency, Naira, on Thursday exchanged at N461.40 to the United States dollar at the Investors and Exporters window.

The rate represented a depreciation by 0.01 per cent, compared with the N461.35 for which it exchanged to the dollar on Wednesday.

The open indicative rate closed at N461.50 to the dollar on Thursday.

An exchange rate of N462 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.40.

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The Naira sold for as low as N446 to the dollar within the day’s trading.

A total of 96.44 million dollars was traded at the official Investors and Exporters window.


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