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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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