On Wednesday, the Naira experienced a slight depreciation in the official market, trading at N1,631.17 per dollar.
Data from the FMDQ Exchange’s official trading platform indicated a decline of 72 kobo against the dollar, translating to a 0.04 percent loss compared to Tuesday’s rate of N1,630.45 per dollar. Additionally, total daily turnover fell to $128.98 million on Wednesday, down from $242.59 million the previous day.
At the Investor’s and Exporter’s (I&E) window, the Naira traded within a range of N1,684 to N1,575 against the dollar.
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