BREAKING: Naira Depreciates Against Dollar at Official Market

November 4, 2024 Prince NEWS 0



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On Monday, the naira fell at the official market, trading at N1,676.90 to the dollar.

Data from the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market, indicated that the naira lost N10.18. Continue Reading…

This decline represents a 0.61 percent drop compared to its previous rate of N1,666.72 per dollar recorded on Friday, November 1.

Additionally, total daily turnover decreased to $79.47 million on Monday, down from $94.20 million on Friday.

In the Investor’s and Exporter’s (I&E) window, the naira fluctuated between N1,690.00 and N1,591.60 against the dollar. Continue Reading…

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