Naira depreciates further against dollar …C0NTINUE READING HERE >>>
The naira further depreciated against the dollar in the foreign exchange market.
The FMDQ data showed that the naira again weakened to N1660.49 per dollar on Thursday from N1659.69 exchanged on Wednesday.
Though the naira depreciated by N0.8 against the dollar on Thursday, it has lost N107.5 in the last three days.
Meanwhile, at the black market, the naira exchanged at N1705 per dollar on Thursday, the same rate as Wednesday.
This comes as FX transaction turnover stood at $330.18 million on Thursday from $217.86 million recorded on Tuesday.
Olayemi Cardoso, the Governor of the Central…
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