Categories: Economy And Business Headline

Naira Begins On A Negative Note, Exchanges N430 To Dollar

The figure represented a decrease of 0.09 per cent compared with the N429.62 it exchanged for the dollar before the close of business on Aug. 12.

Naira has begun in a negative note, exchanges N430 to the dollar.

 

 

Newsonline reports that the naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430.

 

ALSO: Black Market Dollar To Naira Exchange Rate Today 17 August 2022

The figure represented a decrease of 0.09 per cent compared with the N429.62 it exchanged for the dollar before the close of business on Aug. 12.

 

The open indicative rate closed at N429.70 to the dollar on Monday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.

 

The Naira sold for as low as N417 to the dollar within the day’s trading.

A total of 134.30 million was traded in foreign exchange at the official investors and exporters window on Monday.

NewsOnline Nigeria

Recent Posts

  • 2027 Election
  • Headline

BREAKING: Primate Ayodele Predicts Tinubu Removal By Opposition in 2027

Primate Ayodele has predicted Tinubu removal by the opposition in 2027 with the help of…

3 hours ago
  • Brands & Marketing

Fidelity Bank Gross Earnings Rise 45% to N1.5tn as Shareholders’ Funds Cross N1tn

Fidelity bank gross earnings has risen 45% to N1.5tn as shareholders’ funds cross N1tn.  …

5 hours ago
  • 2027 Election
  • Politics

2027: Kwankwaso Assures Nigerians of Smooth Working Relationship With Peter Obi

Kwankwaso has assured Nigerians of smooth working relationship with Peter Obi.   NewsOnline Nigeria reports…

15 hours ago
  • 2027 Election
  • Headline

2027: Kwankwaso Explains Alliance With Peter Obi, Cites Northern Political Tradition

Kwankwaso has explained his alliance with Peter Obi citing Northern political tradition.   NewsOnline Nigeria…

15 hours ago
  • Crime Watch
  • Top Stories

Adeleke Deposes Apetu of Ipetumodu Over $4.2m US COVID-19 Fraud Conviction

Adeleke has deposed Apetu of Ipetumodu over $4.2m US COVID-19 Fraud Conviction.   NewsOnline Nigeria…

15 hours ago
  • Africa
  • Opinion

South Africa Xenophobic Attacks as a Challenge to African Brotherhood By Gabriel Akinlade-Daniel

For more than two decades, South Africa has experienced repeated outbreaks of violence aimed mainly…

18 hours ago