The Naira depreciated by 0.07 per cent on Tuesday, trading for 441.67 Naira to 1 USD at the Investors and exporters window, compared to N441.38 Naira to 1 USD on Monday.

According to The News Agency of Nigeria, the open indicative rate reached a high of N440.58 to the dollar.

In the course of Tuesday’s trade, the Naira fell as low as 423 to the dollar.

Also, transactions at the official Investors and Exporters window totalled 79.41 million dollars.