The Naira depreciated at the official market on Monday, trading at N1,676.90 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform overseeing the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira lost N10.18.
This represents a 0.61 per cent loss when compared to the previous trading on Friday, Nov. 1, when it exchanged at N1,666.72 to a dollar.
Also, the total daily turnover reduced to $79.47 million on Monday, down from $94.20 million recorded on Friday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,690.00 and N1,591.60 against the dollar.
