Naira Marginally Depreciates to ₦1,380.93 Against Dollar
The Naira recorded a marginal depreciation in the official foreign exchange market, closing the week at ₦1,380.93 to the dollar. This represents a loss of 82 kobo, equivalent to a 0.05% decline compared to Thursday's rate of ₦1,380.10.
The currency opened the week on a positive note, trading at ₦1,369.10 on Monday, June 22, but subsequently depreciated to ₦1,370.63 on Tuesday and further weakened to ₦1,380.07 on Wednesday. The data was published on the official website of the Central Bank of Nigeria, reflecting ongoing fluctuations in the currency's value.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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