Naira Vs Dollar E1539172078363 New 768x480 1

Naira suffers fresh depreciation against dollar


The Nigerian currency, Naira, on Thursday saw a slight depreciation against the United States dollar in the official market, trading at N1,476.24 per dollar.

According to data from the FMDQ Exchange, this marks a loss of N2.58 for the Naira, a 0.17% decline from its previous rate of N1,473.66 on Tuesday.

READ ALSO :EFCC arrests 3 for spraying Naira notes during burial ceremony

Additionally, trading volume saw a significant drop, with only $92.68 million exchanged on Thursday compared to $385.91 million on Tuesday.

In the Investors and Exporters (I&E) window, the Naira traded within a range of N1,400 to N1,500 per dollar.


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