The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window.
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The naira lost 1.48 per cent compared to the N745.19 it exchanged for the dollar on Tuesday.
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The open indicative rate closed at N766.82 to the dollar on Wednesday.
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A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N756.21.
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The naira sold for as low as N701 to the dollar within the day’s trading.
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A total of US$95.70 million was traded at the investors and exporters window on Wednesday.
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