Naira depreciates against dollar as FX supply drops

The naira depreciated against the dollar at the foreign exchange market to resume trading after the June 12 Democracy Day celebration as FX turnover transactions crashed to $92.68 million. FMDQ data showed that the naira depreciated marginally to N 1476.24 against the dollar on Thursday from N 1473.66 on Tuesday. This represents an N2.58 loss [...]Naira depreciates against dollar as FX supply drops

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