Naira loses value in relation to the dollar.

On Wednesday, the official market saw a little depreciation of the Naira, which was trading at N1,631.17 to the dollar.

The Naira fell 72 kobo versus the dollar, according to data from the FMDQ Exchange’s official trading portal.

Compared to the previous trading day on Tuesday, when it was traded at N1,630.45 to a dollar, this indicates a 0.04 percent loss.

Additionally, the overall daily turnover decreased from 242.59 million dollars on Tuesday to 128.98 million dollars on Wednesday.

The Naira fluctuated between N1,684 and N1,575 in relation to the dollar during the Investors and Exporters (I&E) window. On Wednesday, the official market saw a little depreciation of the Naira, which was trading at N1,631.17 to the dollar.

The Naira fell 72 kobo versus the dollar, according to data from the FMDQ Exchange’s official trading portal.

Compared to the previous trading day on Tuesday, when it was traded at N1,630.45 to a dollar, this indicates a 0.04 percent loss.

Additionally, the overall daily turnover decreased from 242.59 million dollars on Tuesday to 128.98 million dollars on Wednesday.

The Naira fluctuated between N1,684 and N1,575 in relation to the dollar during the Investors and Exporters (I&E) window.

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