Official Market: Naira depreciates against Dollar

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Official Market: Naira depreciates against Dollar …C0NTINUE READING HERE >>>


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 dollars on Monday, down…

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