Business
Naira and dollar exchange rate reportedly sells for an intra-day high of N815/$1
The exchange rate between the naira and dollar rose to N815/$1 at the official Investor & Exporter Window on Wednesday, June 21, 2023.
The N815/$1 rate is the highest rate traded for the dollar on the official market since records tracking started in 2018.
The exchange rate however closed at N763.17/$ at the close of business on Wednesday depreciating from N756.61/$1 recorded a day earlier.
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.
The black market rate was between N760 and N770/$1 according to Nairametrics..
Recall that on Monday the official and parallel market rates closed at N770.38, a rare exchange rate parity.