Home Business & Economy Naira trades N1,652/$ at official market

Naira trades N1,652/$ at official market

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The naira further depreciated at the official market on Friday, November 15, 2024, trading at N1,652.25 against the dollar.

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

This represents a 0.12 per cent loss compared to the previous trading day, 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.

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At the Investors and Exporters (I&E) window, the naira traded between N1,699.00 and N1,620.00 against the dollar.

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