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Naira Depreciates To N430 To A Dollar

Naira Depreciates To N430 To A Dollar 

On Monday, the Naira depreciated against the dollar in the Investors and Exporters window, trading for N430.

News Agency of Nigeria

Compared to the N429.62 it traded for the dollar before the close of business on August 12, the amount reflected a decline of 0.09 percent.

On Monday, the open indicative rate reached N429.70 to the dollar.

Before it closed at N430, the exchange rate for the day’s trade reached a high of N444 to the dollar.

In the course of the day’s trade, the Naira dropped as low as N417 to the dollar.

At the official investors and exporters window on Monday, foreign exchange transactions totaling 134.30 million were made.

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