The Naira traded at N1, 483.99 to a dollar in the official market on Friday.
Data from the official trading platform of the FMDQ Exchange revealed that the Naira lost N2.50 in the day’s trading.
The FMDQ is a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM).
This represents a 0.16 percent loss compared to N1, 481.49 the local currency traded to a dollar on Thursday.
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.
