Naira depreciates by 0.1% against dollar

The naira on Friday slightly further depreciated at the official market trading at N1,652.25 against the dollar.

 Data from the official trading platform of the FMDQ Exchange revealed that the naira lost N2.05.

This represents a 0.12 per cent loss compared to the previous trading date, Thursday, when it exchanged at N1,650.20 to a dollar.

However, the total daily turnover increased to $296.63 million on Friday up from $214.73 million recorded on Thursday.

At the Investor’s and Exporter’s (I&E) window, the naira traded between N1,699.00 and N1,620.00 against the dollar.

(NAN)


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