The naira depreciated at the official market on Monday, November 4, 2024, trading at N1,676.90 to the dollar.
Data from the official trading platform of the FMDQ Exchange, a platform overseeing the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that naira lost N10.18.
This represents a 0.61 per cent loss when compared to the previous trading on Friday, November 1, when it exchanged at N1,666.72 to a dollar.
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The total daily turnover also reduced to $79.47 million on Monday, down from $94.20 million recorded on Friday.
At the Investors and Exporters (I&E) window, the naira traded between N1,690.00 and N1,591.60 against the dollar.
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