Naira loses 1.79% at official FX market on dollar shortage

The foreign exchange (FX) market closed on Monday with naira losing 1.79 percent at the Investors’ and Exporters’ (I&E) forex window, Nigeria’s official FX market. After trading on Monday, the dollar was quoted at N792.04 as against N777.82 quoted on Friday, data from the FMDQ indicated. The naira depreciation was attributed to shortage of the
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