Naira loses N12.29 on Wednesday …C0NTINUE READING HERE >>>
The naira fell against the dollar on the foreign exchange market on Wednesday, 24 hours after appreciation.
FMDQ data on Wednesday showed that the naira depreciated by N12.29 to N1606.56 per dollar on Wednesday from N1594.27 on Tuesday.
Meanwhile, at the black market, the naira remained unchanged at N1620 per dollar, the same rate exchanged on Tuesday.
This comes as foreign exchange transaction turnover increased to $160.94 million on Wednesday from $156.94 million the previous day.
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