#Naira Loses To #Dollar Massively At N426.58 Exchange Rate—The Naira lost against the dollar on Wednesday at the Investors and Exporters’ window, exchanging at N426.58.
The figure represented a depreciation of 0.57 per cent compared with N424.17 it exchanged for the dollar on Tuesday.
The open indicative rate closed at N426.50 to the dollar on Wednesday.
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An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N426.58.
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The Naira sold for as low as N414 to the dollar within the day’s trading.
A total of 144.03 million dollars was traded in foreign exchange at the official Investors and Exporters’ window on Wednesday
