The Naira depreciated against the dollar on Wednesday, exchanging for N465.13 at the investors’ and exporters’ window.
The rate represented a decrease of 0.10 per cent when compared to the N464.67 it exchanged for the dollar on Tuesday.
The open indicative rate closed at N463.73 to the dollar on Tuesday.
A spot exchange rate of N466.89 was the highest rate used for trading within the day before it settled at N465.13.
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Spot exchange rate is determined instantly.
The Naira sold for as low as N460 to the dollar within the day’s trading.
A total turnover of 267.04 million dollars was traded at the official Investors’ and Exporters’ window. (NAN)
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