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Business Forex

Naira declines against the dollar, trading at N461.67

At the investors’ and exporters’ window on Thursday, the Naira lost value versus the dollar and traded for N461.67.

The exchange rate reflected a drop of 0.04 per cent from the N461.50 it was traded for on Wednesday.

On Thursday, the open indicative rate reached a high of N461.25 to the dollar.

Before it finished at N461.67, the exchange rate for the day’s trade reached a high of N462.50 to the dollar.

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Throughout the course of the day’s trade, the Naira fell as low as N460 to the US dollar.

At the official investors’ and exporters’ window, 80.03 million dollars were exchanged.

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