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Naira and Dollar Exchange Rate Today

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The Nigerian naira on Thursday depreciated against the dollar at the official investors and exporters window to close at N415.1/$1.

The loss represented a 0.07% decline compared to N414.8/$1 recorded at the close of trading activities on Wednesday.

However, the naira remained flat against the US dollar at the parallel market on Thursday to close at N570/$1, the same as recorded at the close of trading activities on Wednesday, 3rd November 2021.

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This is according to information obtained by Nairametrics from BDC operators in Lagos.

Nigeria’s foreign reserve continued on a decline on Wednesday with a 0.05% drop to close at $41.76 billion on 3rd November 2021. This represents a $19.32 million decline compared to $41.78 billion recorded as of Tuesday, 2nd November 2021.

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Categories: FORUM

Tagged as: Naija News

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