Naira on Thursday lost against the dollar at the Investors and Exporters window, exchanging N702.19 to the dollar.
The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on Wednesday.
The open indicative rate stood at N658.50 to the dollar on Thursday.
READ ALSO:
Subsidy Removal: Tinubu, Govs Mull N702bn Allowance For Civil Servants
Nigerian Police Arrest 28-Year-Old For Hate Speech on Twitter
Nigeria Declares State of Emergency On Passport Issuance
An exchange rate of N791 to the dollar was the highest rate recorded within the day’s trading before it settled at N702.19.
A total of 70.72 million dollars was traded at the official Investors and Exporters window on Thursday