The naira fell against the dollar on Monday, trading at N1,690.37 on the official market.
The naira dropped N38.12, according to data from the FMDQ Exchange’s official trading platform.
When compared to the trading day of November 15, when it was trading at N1,652.25 per dollar, this indicates a 2.3% loss.
Additionally, the daily turnover decreased from $296.63 million on Friday to $173.14 million on Monday.
The value of the naira fluctuated between N1,699.00 and N1,633.52 in relation to the dollar during the Investors and Exporters (I&E) window.
The naira had a minor decline in value versus the dollar on Friday, trading at N1,652.25 on the official market. The naira dropped N2.05. This was according to data from the FMDQ Exchange’s official trading site.
Compared to Thursday’s trading, when it was trading at N1,650.20 to the dollar, this is a 0.12% loss. On Friday, however, the daily turnover climbed from $214.73 million on Thursday to $296.63 million.
