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Headline : Naira slumps again at official window, trades at N1,402/$1

Read more from the original article on here at www.ripplesnigeria.com.






Tags : #naira #slumps #again #official #window #trades #n14021


No. of Paragraph 37

The naira reversed the gain it recorded on Tuesday to depreciate against the American Dollar at the end of trading on Thursday May 2, 2024 at the official window.

The domestic currency traded at N1,402.67/$1 according to data sourced from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.

At the end of trading on Thursday, the naira lost N12.67 against the dollar when compared to the previous exchange rate of N1,390/$1 on Tuesday, April 30, 2024.

The intra-day high and low recorded during the day were N1,445/$1 and N1,299 /$1 respectively, representing a lean spread of N146\$1.

Read more from the original article on here at www.ripplesnigeria.com.


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