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Naira falls at official market

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Naira depreciated against the U.S dollar by 0.09 per cent on Wednesday.

Naira weakened slightly against the United States dollar at the Investors and Exporters segment on Wednesday, a day after it recorded a marginal gain at the spot market.

According to data published on the FMDQ website, where forex is officially traded, the naira experienced an intra-day high of N440.00 and plummeted to a low of N462.00 per dollar before closing at N461.90 at the close of business on Wednesday.

 

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