Naira loses 0.61%, trades at N1,681/$ in official window
November 7, 2024 Editor
The Naira, on Wednesday, shed N10.3 against the United States dollar in the official window.
Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency traded N1,681/$ at the official market, up from N1.671 it traded on Tuesday.
This represents a 0.61 percent loss compared to the previous day’s rate.
Also, the total daily turnover reduced to $196.78 million on Wednesday, down from $218.77 million recorded on Tuesday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,690 and N1,620 against the dollar.