Geneal NEWS

Currency swap: you lose more naira against the dollar

Naira was trading at N461.75 per dollar in the investor and issuer window on Friday.

The rate represents a further decrease of 0.08 per cent, compared to N461.40, which was exchanged for dollars on Thursday.

The indicative open price closed at 461.33 nai per dollar on Friday.

The exchange rate of N462.04 per dollar was the highest rate recorded during the day’s dealings before settling at N461.75.

Naira has been selling as low as N446 per dollar during today’s trading.

67.57 million dollars were traded in the official window for investors and issuers.

Currency swap: you lose more naira against the dollar

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