The exchange rate between the naira and the US dollar closed at N419.75/$1 at the Investors and Exporters window.
Naira depreciated further to close the week at N419.75/$1 from N419.5/$1 recorded in the previous trading session, representing a 0.06% depreciation.
Foreign Exchange turnover in the market declined significantly from the record high recorded in the previous trading session, as forex supply dropped by 75.65% from $760.2 million to $185.1 million.