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Naira depreciates by 1.39% against dollar at official market

Ola Simeon by Ola Simeon
November 26, 2024
in Breaking News, Business
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Naira depreciates marginally, exchanges at 445.83 to dollar
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The Naira, on Monday, depreciated at the official market trading at N1,675.62 against the dollar.

Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N23.

This represents a 1.39 per cent loss when compared to the previous trading date on Friday, November 22 when it exchanged at N1,652.62 to a dollar.

Also, the total daily turnover reduced to 108.79 million dollars on Monday down from 243.05 million dollars recorded on Friday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,710 and N1,650 against the dollar.

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