Tuesday, January 14, 2025 - The naira continued its decline against the dollar at the official foreign exchange market on Monday, January 13
New data
from FMDQ showed that the naira weakened to N1,548.89 against the dollar on
Monday from N1,543.03, indicating a N5.86 fall compared to N1,543.03 traded at
the close of last Friday.
Similarly,
on the black market, the naira closed at N1,667 per dollar on Monday from
N1,665.
Despite
this fall, throughout the day, the naira remained stable between N1,545
and N1,660 per dollar at the official and parallel foreign exchange markets,
respectively.
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