Again, naira falls, depreciates 1.39% against dollar in official market trading  

November 26, 2024
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The national currency, the naira continued its downward slide yesterday (Monday, November 25) against the dollar as it depreciated 1.39% in the official market to close N1,675.62 to the dollar at the end of trading.

Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N23.

This represents a 1.39 per cent loss when compared to the previous trading date on Friday, Nov. 22 when it exchanged at N1,652.62 to a dollar.

Also, the total daily turnover reduced to 108.79 million dollars for yesterday down from 243.05 million dollars recorded on Friday.

The NewsAgency of Nigeria (NAN) reports that at the Investor’s and Exporter’s (I&E) window, the naira traded between N1,710 and N1,650 against the dollar.

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