The naira on Tuesday lost more value as it exchanged at N441.17 to the dollar at the investors and exporters window, a depreciation of 0.46per cent, compared with N439.17 to the dollar at the close of business on Friday, October 7.
The open indicative rate closed at N439.40 to the dollar on Tuesday.
An exchange rate of N414 to $1 was the highest rate recorded within the day’s trading before it settled at N441.17.
The naira sold for as low as N414 to $1 within the day’s trading.
On Tuesday, $73.66 million was traded at the official investors and exporters window.
At the black market, dollar continues to hover between N720 and N735. (NAN)
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