Naira ends week on negative note

The naira appreciated at the Investors and Exporters window on Friday, exchanging at N464.51 to the dollar, a 0.18 percent increase against the N463.67 to the dollar traded on Thursday.

The open indicative rate closed at N463.75 to the dollar on Friday.

An exchange rate of N632 to the dollar was the highest rate recorded within Friday’s trading before it settled at N464.51.

The naira sold for as little as 410 to the dollar within the day of trading.

A total of 144.72 million dollars were traded at the official Investors and Exporters window on Friday.