Naira depreciates at official window despite a 266% increase in dollar supply

Wednesday, 29th September 2021:  The exchange rate between the naira and the US dollar closed at N414.73/$1, at the official Investors and Exporters window. Naira depreciated against the US dollar on Wednesday, to close at N414.73/$1, representing a 0.06% drop when compared to N414.50/$1 recorded on Tuesday 28th September 2021. Meanwhile, the exchange rate at the … Continue reading Naira depreciates at official window despite a 266% increase in dollar supply