Naira weakened further on the official market to trade at N702.19 per $1 on Thursday.
FMDQ securities exchange window
where forex is traded, the naira which opened the day’s sales at N658.50 touched an intraday high of N461.00 and a low of N791.00 before closing at N702.19 per $1 on Thursday. The change represents a N38.15 or 5.75 per cent depreciation from M664.04 per dollar the local unit exchanged at the I & E window on Wednesday.
Forex supply within the official segment dropped by 63.4 per cent from $193.33 posted in the previous market segment on Wednesday.Thu June, 11:05:01 AM
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