Naira Depreciates By 1.39% Against Dollar At Official Market

On Monday, the Naira depreciated in the official market, trading at N1,675.62 to the dollar.

According to data from the FMDQ Exchange’s official trading platform, the Naira lost N23, marking a 1.39% decline compared to the previous trading session on Friday, November 22, when it was valued at N1,652.62 to the dollar.

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Additionally, total daily turnover dropped to $108.79 million on Monday, down from $243.05 million recorded on Friday.

At the Investor’s and Exporter’s (I&E) window, the Naira was traded within a range of N1,710 to N1,650 against the dollar.

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