Naira hits record low, depreciates by N72.58 against dollar

Tribune OnlineNaira hits record low, depreciates by N72.58 against dollarThe Nigerian Naira has plummeted to a record low, depreciating by N72.58 against the US dollar in July 2024. According to the FMDQ financial market report, the average exchange rate stood at 1,560.32 Naira per dollar, a 4.88% increase from the previous month. The foreign exchange market turnover also surged to $7.39 billion, a 10.02% [...]Naira hits record low, depreciates by N72.58 against dollarTribune Online

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