FOREX CRISIS: Naira Nears N1000/1$, Raises Concerns Amid CBN Probe

LATEST: Naira Depreciates, See Latest Exchanges Rate

by Victor Ndubuisi
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At the Investors and Exporters Window on Friday, the naira was exchanged for 456.50 to the dollar.

Compared to the N456.25 it exchanged on Thursday, the amount represented a loss of 0.05 percent.

On Friday, the open indicative rate reached a high of N451.38 to the dollar.

Before it closed at N456.50, the exchange rate for the day’s trade reached a high of N452 to the dollar.

Naira Falls Against Dollar, Trading At 445.83

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In the course of the day’s trade, the naira fell as low as 440 to the dollar.

On Friday, transactions at the official Investors and Exporters window totaled N155.86 million.

 

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