Naira depreciates by 0.05% against dollar at official market
The naira on Tuesday recorded a loss at the official market, trading at N1,476.95 to the dollar.
Data from the official trading platform of the FMDQ Exchange revealed that the naira lost 83 kobo.
This represents a 0.06 per cent loss compared to Monday’s previous trading date when it traded at N1,476.12 to the dollar.
However, the volume of currency traded increased to $236.99 million, up from $121.87 million recorded on Monday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between N1,500.00 and N1,362.15 against the dollar.
(NAN)
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