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Again, Naira crumbles at official market trades at N1,309.88/$1

by Present Nigeria
April 26, 2024
in Business
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CBN Devalues Naira To 630/$1
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For the sixth consecutive day, Naira continued its fall against the US dollar at the official window as the domestic currency traded at N1,309.88/$1.

This is according to data sourced from the Nigerian Autonomous Foreign Exchange Market (NAFEM).

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At the end of trading on Thursday, the naira lost N1.36 against the dollar when compared to the previous exchange rate of N1,308.52/$1 on Tuesday, April 23, 2024.

The intra-day high and low recorded during the day were N1,435/$1 and N1,100 /$1 respectively, representing a lean spread of N335\$1.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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