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Naira depreciates by 0.2% against dollar at official market

Ola Simeon by Ola Simeon
November 15, 2024
in Business, News
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Naira depreciates marginally, exchanges at 445.83 to dollar
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The Naira, on Thursday, depreciated at the official market trading at N1,650.20 against the dollar.

Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N4.8.

This represents a 0.29 per cent loss when compared to the previous trading date on Wednesday when it exchanged at N1,645.40 to a dollar.

Also, the total daily turnover reduced to $214.73 million on Thursday down from $236.84 million recorded on Wednesday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,698.25 and N1,633 against the dollar.

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© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.