Naira to Dollar: Further Crashes at Investors and Exporters Window

The news of the Nigerian currency going down the slope looks like it won't end anytime soon as it continues to crash against the dollar. 

Naira further diminishes in value against the dollar as of Thursday at the Investors and Exporters window. Exchanging at N765.13 to the dollar, it decreased by 0.26 percent against N763.17 traded on Wednesday.

The exchange rate of naira to the dollar was N801 and that was the highest rate on Thursday’s trading, before settling at N765.13

The naira was sold for as low as N446.32 to the dollar within the day’s trading on Thursday.

At the I and E window on Thursday, $ 204.84 million was recorded as the total amount that was traded.