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Naira drops after Sallah holiday, exchanges at ₦769.25 to dollar

The open indicative rate closed at ₦758.52 to one dollar on Friday.
Naira and dollar [Ripples Nigeria]
Naira and dollar [Ripples Nigeria]

The Naira on Friday dropped against the dollar, exchanging at ₦769.25 at the investors and exporters window.

The Naira depreciated by 0.82 per cent when compared with ₦763 for which it exchanged for the dollar before the Eid-el-Kabir holiday that began on June 28.

The open indicative rate closed at ₦758.52 to one dollar on Friday.

An exchange rate of ₦841 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦769.25.

A total of 263.45 million dollars was traded at the investors and exporters window on Friday.

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