Naira depreciates by 0.6% against dollar
Economy
THE Naira depreciated on Wednesday at the official market, trading at N1,681.65 to the dollar.
Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira lost N10.33.
This represents a 0.61 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,671.32 to a dollar.
Also, the total daily turnover reduced to 196.78 million dollars on Wednesday, down from 218.77 million dollars recorded on Tuesday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,690.00 and N1,620.00 against the dollar. (NAN)
A.I
Nov. 7, 2024
Related Posts
Osun: ICPC begins tracking of N10bn federal constituency projects
THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced the tracking of more than N10 billion constituency...
Read More15,000 applicants jostle for 900 Civil Service jobs in Oyo
ONLY 900 persons will be picked from the list of more than 15,000 who applied for recruitment into the Oyo...
Read MorePension Institute inducts 23 fellows, 9 associates
THE Certified Pension Institute of Nigeria (CPIN) on Thursday inducted 23 professionals as fellows of the institute and nine others...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.