The naira depreciated at the official market on Wednesday, November 6, 2024, trading at N1,681.65 to the dollar.
Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that naira lost N10.33.
This represents a 0.61 per cent loss when compared to the previous trading date on Tuesday when it exchanged at N1,671.32 to a dollar.
U.S. election: Dollar, Bitcoin soar as Trump nears victory
The total daily turnover also reduced to $196.78 million on Wednesday, down from 218.77 million dollars recorded on Tuesday.
At the Investors and Exporters (I&E) window, the Naira traded between N1,690.00 and N1,620.00 against the dollar.
Latest posts by Segun Ojo (see all)
- Lagos govt shuts churches, hotels over noise pollution - November 7, 2024
- Makinde approves N80,000 minimum wage for Oyo workers - November 7, 2024
- Stock market reverses gain as investors lose N337bn - November 7, 2024
Advertisement
