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Naira Continues To Fall Against USD at Official/Black Markets on 05/09/2022

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At the Investors and Exporters window on Monday, September 5 2022,  Naira fell against the dollar and traded for N434.00.

Compared to N431.50 to the dollar at the close of business on September 4, 2022 , the result shows a loss of 0.75 percent.

On Monday, the open indicative rate reached a high of N431.30 to the dollar.

READ ALSO:NAIRA rates against USD at the Black and Official Markets on September 2, 2022

Before it finished at N434.75, the exchange rate for the day’s trade peaked at N437.50 to the dollar.

During the course of the day’s trade, the Naira fell as low as N425 to the dollar.

At the official Investors and Exporters window on Monday, transactions totaling 99.68 million dollars were made. 

BLACK MARKET RATES: 

 BUYING:   N698.00 

SELLING:   N705.00

 

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Written by Ruth Semilore

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