Naira falls against dollar by 0.06%


Lagos, March 30, 2023 The Naira depreciated against the dollar on Thursday, exchanging N461.50 at the investors’ and exporters’ window.

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The rate represented a decrease of 0.06 per cent when compared to the N461.24 which it exchanged to the dollar on Wednesday.

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

A spot exchange rate was used for trading within the day before it settled at N461.50.

Spot exchange rate is determined instantly.

The Naira sold for as low as N462.04 to the dollar within the day’s trading.

The total turnover traded at the official Investors and Exporters window was also determined on the spot.

Godwin Okafor
Godwin Okafor
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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