Once more, naira crashes in opposition to greenback; exchanges at N424.88 at I&E window

The naira on Wednesday misplaced to the inexperienced again on the Buyers and Exporters window,

The naira on Wednesday misplaced to the inexperienced again on the Buyers and Exporters window, exchanging at 424.88 to the greenback in opposition to 421.00 traded on Tuesday, a 0.80 per cent depreciation.

The open indicative price closed at N421.80 to the greenback on Wednesday.

An trade price of N444.00 to the greenback was the very best price recorded throughout the day’s buying and selling earlier than it settled at N424.88.

The naira bought for as little as 410 to the greenback throughout the day’s buying and selling.

A complete of 112.83 million {dollars} was traded in overseas trade on the official Buyers and Exporters window on Wednesday. 

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