The naira depreciated against the dollar on Friday as it exchanged at ₦778.42 at the Investors and Exporters window.
The naira lost by 0.87 per cent compared to the ₦771.69 it exchanged for the dollar on Thursday.
The open indicative rate closed at ₦773.29 to the dollar on Friday.
A spot exchange rate of ₦799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦778.42.
The naira sold for as low as ₦700 to the dollar within the day’s trading.
A total of 73.80 million dollars was traded at the investors and exporters window on Friday.