Naira loses slightly against dollar - Waffi Tv

Naira loses slightly against dollar

Waffi TVSeptember 15, 2022

The Naira on Friday lost slightly to the dollar, exchanging at N436.33 compared with N436.32 on Thursday.

The open indicative rate closed at N433.83 to the dollar on Friday.

An exchange rate of N437 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33.

The Naira sold for as low as N425 to the dollar within the day’s trading.

A total of 66.02million dollars was traded at the official Investors and Exporters window on Friday.

Meanwhile, over the past month, Nigeria’s commercial banks have openly declared reduced limits on international transactions using naira debit cards to $20 per month.

It means Nigerians would be unable to use their naira debit cards to make any transactions more than $20 in a month.

This comes as a longstanding scarcity of foreign exchange continues to bite Africa’s largest economy and biggest oil exporter, Nigeria, despite the recent surge in global energy prices.

To advertise or publish your story on www. waffitv.com , you can send us a WhatsApp message on 07068286500 or do us a mail at info@waffitv.com.

Attention You can also send us a video with the Eye Witness Porter by uploading it to our website, www.waffitv.com . Or  Click https://bit.ly/3ihxAkl and download  the waffitv app to get daily update of trending News and happenings around  and watch thousands of free movies on all genres on the go

Categories

Leave a comment

Name *
Add a display name
Email *
Your email address will not be published
Website