Naira depreciated marginally against the United States dollar at the official market on Thursday, after recording a slight gain on Tuesday.
According to market data published on the FMDQ website, naira closed Thursday at N1,402.67/$1 as against N1,390.96 recorded in the previous market session on Tuesday.
Thursday’s rate implies a N11.71 or 0.84 per cent decline from N1,390.96 the local currency closed on Tuesday. Within the official segment on Thursday, the Naira experienced an intraday high of N1,299.42 and dropped to a low of N1,445.00 to a dollar before closing at N1,402.67/$1.
