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BREAKING: Naira Falls Massively First Day Of July 2022, See New Exchange Rate

Naira has fallen massively on the first day of July 2022, See New Exchange Rate below.

 

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Newsonline reports that the naira on Thursday lost to the greenback at the Investors and Exporters window, exchanging at 424.88 to the dollar against 421.00 traded on Wednesday, a 0.80 per cent depreciation.

 

 

The open indicative rate closed at N421.80 to the dollar on Thursday.

 

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N424.88.

 

The naira sold for as low as 410 to the dollar within the day’s trading.

A total of 112.83 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday.

 

ALSO: Happy New Month of July 2022 Messages, Wishes, Prayers and Quotes For All

 

 

Meanwhile, the local currency opened at N610.00 per $1 at the parallel market otherwise known as the black market today Friday, 1st July 2022, in Lagos Nigeria, after it closed at N605.00 per $1 on Thursday, 30 June 2022.

 

 

 

 

 

 

 

DisclaimerNEWSONLINE NIGERIA does not set or determine forex rates. The official NAFEX rates are obtained from the website of the FMDQOTC. Parallel market rates (black market rates) are obtained from various sources including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.

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