WorldStage Newsonline– The Naira on Tuesday depreciated by 5.3 per cent at the official market to trade at N1,300.15 to the dollar compared to the previous trading date on Monday, April 22, when it exchanged at N1,234.49 to a dollar.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira lost N65.66.
However, the total daily turnover increased to 133.65 million dollars on Tuesday up from 110.17 million dollars recorded on Monday.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,317.00 and N1,000.00 against the dollar.
