x

I&E Window: Exchange Rate Reportedly Sells For N815/$1

The exchange rate between the naira and dollar sold for an intra-day high of N815/$1 at the official Investor & Exporter Window on Wednesday, June 21, 2023.

The N815/$1 rate is the highest rate traded for the dollar on the official market since records tracking started in 2018.

The exchange rate however closed at N763.17/$ at the close of business on Wednesday depreciating from N756.61/$1 recorded a day earlier.

Meanwhile, the disparity between the black market and the official exchange rate market closed again on Wednesday with the official rates closing at N763/$1.

The black market rate sold for between N760-N770/$1 according to Nairametrics..

Recall that on Monday the official and parallel market rates closed at N770.38, a rare exchange rate parity.

Hot this week

Philanthropist Timdi Nkat to Challenge Plateau Speaker’s Fourth-Term Bid

By Israel Adamu, JosA philanthropist and businessman, , has...

APC Chairman Yilwatda Distributes Farm Inputs to Plateau Farmers

By Israel Adamu, JosThe National Chairman of the All...

Izzy Christiansen Makes Bold Arsenal Claim After Man City Go Top

Former England international and Sky Sports pundit Izzy Christiansen...

Ibeno Clan rebukes Eket, Esit Eket over ownership claims of community

By Ogenyi Ogenyi,UyoThe Ibeno Clan Council has condemned what...

2027 Election: Ex-Commissioner Ahovi-Yusuf Declares for Adavi/Okehi Reps Seat in Kogi

From Noah Ocheni, LokojaA former Commissioner for Works in...

Kogi Reports Drop in Malaria Cases, Pledges Elimination Efforts

From Noah Ocheni, LokojaThe Kogi State Government says it...

Abuja Residents Applaud Tinubu, Wike Over Satellite Town Roads

By Joyce Remi-BabayejuResidents of satellite communities in Abuja, particularly...

Kogi Governor Ododo Pledges Youth Job Creation, NYSC Camp Upgrade

From Noah Ocheni, LokojaKogi State Governor Ahmed Usman Ododo...

ECWA Urges Members to Participate in 2027 Elections, Raises Concerns Over Insecurity and Roads

By Israel Adamu, JosThe Evangelical Church Winning All (ECWA)...

TCN CEO Abdulaziz Pledges Improved Power Delivery in Second Term, Seeks Staff Support

By Jabiru HassanThe Managing Director and Chief Executive Officer...

NIPR Confers Fellowship on Works Minister Goronyo, Honours Public Sector Leaders

By Jabiru HassanThe Nigerian Institute of Public Relations (NIPR)...

EFCC Arrests Cameroonian for Alleged N1.5bn Bank Fraud in Lagos

By Francis WilfredOperatives of the Lagos Zonal Directorate...

Related Articles

Popular Categories

spot_imgspot_img