Naira depreciates by 1.39% against dollar at official market
Economy
THE Naira on Monday depreciated at the official market trading at N1,675.62 against the dollar.
Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N23.
This represents a 1.39 per cent loss when compared to the previous trading date on Friday, Nov. 22 when it exchanged at N1,652.62 to a dollar.
Also, the total daily turnover reduced to 108.79 million dollars on Monday down from 243.05 million dollars recorded on Friday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,710 and N1,650 against the dollar. (NAN)
A.I
Nov. 26, 2024
Related Posts
Christmas: Rivers travellers lament high transportation costs
COMMUTERS in Port Harcourt on Tuesday expressed their frustration over the rising transportation costs for inter-state travel. Fares to destinations...
Read MoreYuletide: Abia, Imo residents groan as prices of food items soar
BARELY few days to this year’s Christmas celebration, the prices of food items have continued to soar beyond the reach...
Read MoreChad: New EUR 28m AfDB-funded solar project to boost Chad’s energy access
THE Board of Directors of the African Development Bank Group has approved funding worth EUR 28 million to build solar power...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.