Naira sheds N1, trades N1, 509/$1 at official window

The naira shed N1 against the United States at the official window on Tuesday.

Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency traded N1,509/$1 on Tuesday as against the N1,508/$1 recorded the previous day.

The intra-day high and low recorded during the day were N1,521/$1 and N1,445/$1 respectively, representing a lean spread of N76\$1.