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Naira depreciates by 0.05% against dollar at official market

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Naira depreciates by 0.05% against dollar at official market
Naira depreciates by 0.05% against dollar at official market

The Naira on Tuesday recorded loss at the official market, trading at N1,476.95 to the dollar.
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Data from the official trading platform of the FMDQ Exchange revealed that the Naira lost 83 kobo.

This represents a 0.06 per cent loss when compared to the previous trading date on Monday when it traded at N1,476.12 to the dollar.
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However, the volume of currency traded increased to $236.99 million up from $121.87 million recorded on Monday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,500.00 and N1,362.15 against the dollar.
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