Naira stable at official market

Naira recorded no significant movement against the United States dollar at the authorised market on Monday.

According to data published on the FMDQ website where forex is officially traded, the naira closed at N461.67 per dollar on Monday, the same rate it traded last Friday

This implies a 0.04 per cent depreciation from N461.50 it closed on Friday 30 December the last day of business in 2022.