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Naira depreciates by 0.05% against dollar at official market

by Tolulope Akinruli
June 5, 2024
in Business News
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Naira depreciates by 0.05% against dollar at official market
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On Tuesday, the Naira fell in the official market, trading at N1,476.95 per dollar. According to data from the FMDQ Exchange’s official trading platform, it has shed 83 kobo.

This marks a 0.06 percent drop from the previous trading day, Monday, when it traded at N1,476.12 to the dollar.

However, the total volume of currency moved jumped to $236.99 million, up from $121.87 million on Monday.

Naira

Meanwhile, at the Investors and Exporters (I&E) window, the Note traded between N1,500.00 and N1,362.15 against the dollar.

Source: vanguardngr.com 

Tags: Naira to Dollar
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