The Nigerian naira on Thursday, depreciated 0.12 percent to N445.83 to the dollar at the Investors and Exporters (I&E) window, dropping from 445.30 it exchanged on Wednesday.
The open indicative rate closed at N444.60 to the dollar on Thursday.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N445.83.
The naira sold for as low as N422 to the dollar within the day’s trading.
A total of N99.50 million was traded at the official Investors and Exporters window on Thursday.
Meanwhile, at the parallel market, the naira appreciated significantly on Friday, exchanging at N748 to the dollar, as against N755 on Thursday.