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Naira-Dollar Falls, Exchanges at 782.38



Naira depreciated against the dollar on Wednesday as it exchanged at N782.38 at the Investors and Exporters window.

It lost by 3.38 per cent when compared with N757.51 for which it exchanged for the dollar on Tuesday.

The open indicative rate closed at N778.49 to the dollar on Wednesday.

The market had recorded a spot exchange rate of N800 to the dollar within the day’s trading before it settled at N782.38.

The Naira sold for as low as N730 to the dollar within the day’s trading.

players traded a total of 60.26 million dollars at the investors and exporters window on Wednesday.



  1. Omogiade precious

    10/08/2023 at 10:29 am

    Thank God it fell back to 700😌


    10/08/2023 at 10:32 am

    Dollar kept riding every now and then and naira kept depreciating or stagnant. The consequence to this in our country is that the price of everything will eventually rise beyond limit.
    We are going to experience real inflation now, both on significant and insignificant things.


    10/08/2023 at 10:34 am

    Dollar kept rising every now and then and naira kept depreciating or stagnant. The consequence to this in our country is that the price of everything will eventually rise beyond limit.
    We are going to experience real inflation now, both on significant and insignificant things.

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