The exchange rate between the naira and dollar sold for an intra-day high of N815/$1 at the official Investor & Exporter Window on Wednesday, June 21, 2023.
This is the highest rate traded for the dollar on the official market since we started tracking records in 2018 when the window was launched.
The exchange rate however closed at N763.17/$ at the close of business on Wednesday depreciating from N756.61/$1 recorded a day earlier.
The disparity in exchange rates closes
Meanwhile, the disparity between the black market and the official exchange rate market closed again on Wednesday with the official rates closing at N763/$1.
This was close to the black market rate which sold for between N760-N770/$1 depending on who is buying or selling.
