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Naira depreciates further against dollar as turnover increases

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

READ ALSO: God stopped naira from falling to ₦10,000 per dollar - Pastor Adeboye

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

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