Naira Loses 40% Of Value Against Dollar In First Half Of 2024

The Naira depreciated by over 40 percent in the first half of 2024 in the foreign exchange market. FMDQ data showed that the Naira weakened to ₦1505.30 per dollar on Friday, down from between ₦896.6 and ₦907.11 where it closed on December 29, 2023. The figures indicate that the Naira has faced continued instability against [...]The post Naira Loses 40% Of Value Against Dollar In First Half Of 2024 appeared first on Naija News.

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