Naira Depreciates By 1.60%, Closes At N1,533.63/$

The naira depreciated at the close of trading on the official FMDQ FX trading platform on Monday by 1.60 per cent to close at N1,533.73 per dollar. It opened trading at 1531.50 per dollar. The drop, according to FX analysts, must have been a result of pressure when the dollar was well sought after at [...]

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