Naira stable at official market

recorded no significant movement against the United States dollar at the authorised market on Monday.

This implies a 0.04 per cent depreciation from N461.50 it closed on Friday 30 December the last day of business in 2022. Within this period, the market foreign exchange turnover is pegged at $47.13 million, the FMDQ data showed. Last year, the Nigerian naira recorded a significant depreciation across foreign exchange markets due to a sudden surge in demand for the greenback currency.

Give. Me American dollars.

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