Naira Trades Higher Volume at $269.27M, Records 0.16% Loss at Official Market

June 8, 2024 Gistcore Gists and Latest news 0

Share this:

The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the 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 N2.50.

This represents a 0.16 per cent loss when compared to the previous trading date on Thursday, trading at N1,481.49 to the dollar.

However, the volume of currency traded increased to $269.27 million on Friday up from $213.31 million recorded on Thursday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,507.00 and N1,399.00 against the dollar. (NAN)


Share this:

Related posts:

  1. Naira tumbles to all-time low, trades at N1,099/$ at official market
  2. Naira records biggest fall in official market, depreciates to N1348/$
  3. Nestle Records N104 Billion Loss Due to Naira Depreciation
  4. Naira falls to N1,035/$ in official market; ‘black market’ N1,235

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.