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    Home » Naira Drops By 0.16% Against Dollar In Official Market
    1 Min Read15 ViewsJune 8, 2024

    Naira Drops By 0.16% Against Dollar In Official Market

    By TheScrutinyNGJune 8, 2024No Comments15 Views1 Min Read
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    The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the dollar.

    Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N2.50.

    This represents a 0.16 percent loss when compared to the previous trading date on Thursday, trading at N1,481.49 to the dollar.

    However, the volume of currency traded increased to $269.27 million on Friday up from $213.31 million recorded on Thursday.

    Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,507.00 and N1,399.00 against the dollar.

    (NAN)

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