Tag: Official market

Nigeria's FX reserves hits three-month peak
Business

Naira hits all time low at official market

The naira reached a new all-time low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market on Monday. According to FMDQ Exchange, a portal that reports on the country’s official foreign exchange trading, the national currency closed last Friday at N1,476.13/$, a loss of 3.93 per cent, or N58. The official exchange rate on […]