The currency which opened trading at N419.71 closed at N421.33 to a dollar at the close of business on Monday.
The highest rate the naira has traded against the greenback currency this month at the official market so far was when it closed at N419.75 per $1 on June 6, and the weakest rate it has recorded this month was when it closed at N422.50 to a dollar on June 9. Within the past six months, the naira has been hovering within the range of N419.00- N422 and above benchmark after it touched an all-time low of N435.00 per $1 at the last business day of 2021.
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