image
Battered naira exchanges for ??775.34 per dollar at official market

On Tuesday, trades at the investors and exporters window totaled $71.32 million.The naira lost value versus the dollar on Tuesday, when it traded at the Investors and Exporters window for #775.34.Compared to the #772.12 naira it exchanged for the dollar on Monday, the naira decreased by 0.42%. On Tuesday, the open indicative rate ended at #769.66 to the dollar. Before it closed at #775.34, the spot exchange rate reached a high of #799.90 to the dollar throughout the day's trading. Throughout the course of the day's trade, the naira fell as low as #701 to the dollar.On Tuesday, trades at the investors and exporters window totaled $71.32 million.