Naira depreciated against the dollar on Wednesday as it exchanged at ₦782.38 at the Investors and Exporters window.
It lost by 3.38 per cent when compared with ₦757.51 for which it exchanged for the dollar on Tuesday.
The open indicative rate closed at ₦778.49 to the dollar on Wednesday.
A spot exchange rate of ₦800 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦782.38.
The Naira sold for as low as ₦730 to the dollar within the day’s trading.
A total of 60.26 million dollars was traded at the investors and exporters window on Wednesday.