The naira, on Wednesday, October 9, 2024, depreciated at the official market, trading at N1,625.13 to the dollar.
Data from the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira lost N63.37.
This represents a 4.05 per cent loss when compared to the previous trading date on Tuesday, October 8, when it exchanged at N1,561.76 to a dollar.
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Also, the total daily turnover reduced to $170.6 million on Wednesday down from $253.68 million recorded on Tuesday.
At the Investors and Exporters (I&E) window, the naira traded between N1,652 and N1,560 against the dollar.
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