BREAKING: Naira Falls Massively At Official Market, See New Exchange Rate

Naira has fallen massively at the official market, See New Exchange Rate below.

 

NewsOnline reports that Nigeria’s official currency, Naira fell further to the dollar on Monday as it exchanged at N461.67 at the Investors’ and Exporters’ window.

 

The rate represented a decrease of 0.04 percent, compared to the N461.50 it exchanged to the dollar at the close of business on Friday.

 

ALSO: Black Market Dollar To Naira Exchange Rate Today, Tuesday 14th March 2023

 

The open indicative rate closed at N461.50 to the dollar on Monday.

An exchange rate of N462.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.67.

 

The naira sold for as low as N445.96 to the dollar within the day’s trading.

A total of $77.64 million was traded at the official Investors’ and Exporters’ window.