Naira depreciates by 2.4%, trades N1,678/$ at official window - Ripples Nigeria
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Naira depreciates by 2.4%, trades N1,678/$ at official window

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Naira exchanges for N562 per dollar, as CBN moves to stop the slide

The Naira traded N1,678 to the dollar at the official window on Friday.

Data from the official trading platform of the FMDQ Exchange revealed that the Naira was down by N39.37 2.4 percent when compared to the N1,639/$ it exchanged on Thursday.

READ ALSO: Naira gains N42, trades N1,639/$ at official window

However, the total daily turnover increased to $1,403.76 million on Friday up from $244.96 million recorded on Thursday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,698 and N1,609 against the dollar.

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