Wednesday’s exchange rate for the naira against the dollar in the Investors and Exporters window was 461.25 naira per dollar.
When compared to the value of 461.50 that it was traded for on Tuesday, this figure reflected an increase of 0.05 per cent in value.
On Wednesday, the open indicative rate finished at a value of N461 to one dollar.
Throughout the course of the day’s trade, the exchange rate fluctuated widely, reaching a high of N462 to the dollar before finally settling at N461.25.
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During the course of the day’s trade, the price of one dollar in naira dropped to a low of 440.
Wednesday was a busy day for business at the official Investors and Exporters window, with a total of N55.54 million changing hands.
