Naira Watch
Naira trades N1, 688/$ at official window
The naira shed N8. 42 against the dollar at the official window on Tuesday.
Data from FMDQ showed that the naira traded N1,688/$ on Tuesday, up from N1,681.42 it exchanged on Monday.
READ ALSO: Naira falls against dollar at official window, black market
The naira lost N5 at the parallel section of the foreign exchange market to close at N1 740 from N1,735 it traded the previous day.
The forex turnover dropped to $106.44 million on Tuesday from $471.5 million recorded 24 hours earlier.
Join the conversation
Opinions
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.