Naira depreciates by 0.6% against dollar

Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira lost ₦10.33.

This represents a 0.61 per cent loss when compared to the previous trading date on Tuesday when it exchanged at ₦1,671.32 to a dollar.

Also, the total daily turnover was reduced to 196.78 million dollars on Wednesday, down from 218.77 million dollars recorded on Tuesday.

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