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Naira drops, exchanges at N769.25 to dollar

Ola Simeon by Ola Simeon
July 1, 2023
in Breaking News, News
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The Naira, on Friday, dropped against the dollar, exchanging at N769.25 at the investors and exporters window.

The Naira depreciated by 0.82 per cent when compared with N763 for which it exchanged for the dollar before the Eid-el-Kabir holiday that began on June 28.

The open indicative rate closed at N758.52 to one dollar on Friday.

An exchange rate of N841 to the dollar was the highest rate recorded within the day’s trading before it settled at N769.25.

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

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.