Naira Crashes Against Dollar

Naira has crashed against the dollar.

Newsonline reports that the naira

on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N431.

 

The figure represented a decrease of 0.67 per cent compared with the N428.12 it exchanged for the dollar at the close of business on August 5.

 

ALSO: Black Market Dollar To Naira Exchange Rate Today 9 August 2022

 

The open indicative rate closed at N429 to the dollar on Monday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N431.

The Naira sold for as low as N415.50 to the dollar within the day’s trading.

A total of $115. 67 million was traded in foreign exchange at the official investors and exporters window on Monday. (NAN)

thepublisherngr

Recent Posts

We Have Done Better Than Those Who Governed Rivers For Eight Years – Fubara

Governor Siminalayi Fubara of Rivers State has said his administration has performed better since assuming…

14 hours ago

Presidency Speaks On Atiku, Obi’s Planned Alliance, Discloses What Tinubu Is Concerned About

The Federal Government has dismissed the planned alliance between former Vice President Atiku Abubakar and…

14 hours ago

Usyk Defeats Fury To Become Undisputed Heavyweight Champion

Oleksandr Usyk has defeated Tyson Fury to become the undisputed heavyweight boxing champion of the…

14 hours ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 19th May 2024

What is the Dollar to Naira Exchange rate at the black market also known as…

14 hours ago

Panic as miscreants beat up soldiers in Abuja market

There was pandemonium at the popular Banex area in the Wuse II district of Abuja…

15 hours ago

Minimum Wage: We Won’t Shift Ground On ₦‎615,000 Demand, Says Labour

Organised Labour, comprising the Nigeria Labour Congress and Trade Union Congress, has said it will…

15 hours ago