Naira dips, exchanges at N803.90 at investors, exporters window

On Friday, the naira depreciated against the dollar, exchanging at N803.90 at the investors and exporters window.

The Naira decreased by 7.72 percent when compared with N746.28, for which it exchanged for the dollar on Thursday.

The open indicative rate closed at N763.36 to one dollar on Friday.

A spot exchange rate of N829 to the dollar was the highest rate recorded within the day’s trading before it settled at N803.90.

The Naira sold for as low as N689.34 to the dollar within the day’s trading.

A total of 46.90 million dollars were traded at the investors and exporters window on Friday.