The Naira on Monday further depreciated at the official market, trading at N1,419.11 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, revealed that the Naira lost N79.88
This represents a 5.96 percent loss when compared to the previous trading date on April 26, when it exchanged at N1,339.23 to a dollar.
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Also, the total daily turnover reduced to $147.83 million on Monday, down from $309.01 million recorded on Friday.
Meanwhile, at the Investor’s and Exporter’s window, the Naira traded between N1,451.00 and N1,600.00 against the dollar.