Naira depreciates by 0.93 percent versus the dollar for the week

Throughout the course of the day's trade, the naira fell as low as 465 to the dollar.As of Friday at the Investors and Exporters window, the Naira had lost value against the dollar for the week.When compared to Thursday's exchange rate of 768.60 to 1 USD, the local currency fell by 0.93 percent. On Thursday, the open indicative rate reached a high of #776.74 to the dollar. Before it closed at 775.76, the spot exchange rate reached a high of #799.50 to the dollar throughout the day's trading. Throughout the course of the day's trade, the naira fell as low as 465 to the dollar.