Naira slides by 6% against dollar at official market …CONTINUE READING HERE >>>
The Naira took another dip in value at the official market on Monday trading at N1,419.11 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N79.88
This represents a 5.96 per cent loss when compared to the previous trading date on Friday April 26, when it exchanged at N1,339.23 to a dollar.
Also, the total daily turnover reduced to 147.83 million dollars on Monday, down from 309.01 million dollars recorded on Friday.
Meanwhile, at the Investor's and Exporter's (I&E) window, the Naira traded between N1,451.00 and N1,060.00 against the dollar.
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