4 days ago
1
The Naira on Monday depreciated at the official market, trading at N1,690.37 against the dollar.
Data from the official trading platform of the FMDQ Exchange revealed that the Naira lost N38.12.
This represents a 2.3 per cent loss when compared to the previous trading date on Friday, November 15th when it exchanged at N1,652.25 a dollar.
Also, the total daily turnover reduced to $173.14 million on Monday, down from $296.63 million recorded on Friday.
READ ALSO: CBN warns banks not to reject mutilated Naira notes
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,699.00 and N1,633.52 against the dollar.
(NAN)
Support PREMIUM TIMES' journalism of integrity and credibility
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news?
TEXT AD: Call Willie - +2348098788999
English (US) ·