The naira sold for as low as ₦701 to the dollar within the day’s trading.
The naira on Wednesday depreciated against the dollar as it exchanged at ₦756.21 at the Investors and Exporters window.
The naira lost 1.48 per cent compared to the ₦745.19 it exchanged for the dollar on Tuesday.
The open indicative rate closed at ₦766.82 to the dollar on Wednesday.
A spot exchange rate of ₦799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦756.21.
The naira sold for as low as ₦701 to the dollar within the day’s trading.
A total of US$95.70 million was traded at the investors and exporters window on Wednesday.
