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Submission: On March 28 via api from ZA — Scanned from NL
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* The Membership Club * #EndSARS Dashboard * PT Hausa * About Us * Advert Rates * Careers * Contact Us * Digital Store Tuesday, March 28, 2023 * Home * 2023 Elections * Presidential * Gubernatorial * News * Headline Stories * Top News * More News * Foreign * Gender * Investigations * Business * News Reports * Financial Inclusion * Analysis and Data * Business Specials * Opinion * Oil/Gas Reports * FAAC Reports * Revenue * Opinion * Health * News Reports * Special Reports and Investigations * Health Specials * Features and Interviews * Multimedia * Primary Health Tracker * Agriculture * News Report * Special Reports/Investigations * Features and Interviews * Multimedia * Arts/Life * Arts/Books * Kannywood * Lifestyle * Music * Nollywood * Travel * Sports * Football * More Sports News * Sports Features * LIVE VIDEO * Home * 2023 Elections * Presidential * Gubernatorial * News * Headline Stories * Top News * More News * Foreign * Gender * Investigations * Business * News Reports * Financial Inclusion * Analysis and Data * Business Specials * Opinion * Oil/Gas Reports * FAAC Reports * Revenue * Opinion * Health * News Reports * Special Reports and Investigations * Health Specials * Features and Interviews * Multimedia * Primary Health Tracker * Agriculture * News Report * Special Reports/Investigations * Features and Interviews * Multimedia * Arts/Life * Arts/Books * Kannywood * Lifestyle * Music * Nollywood * Travel * Sports * Football * More Sports News * Sports Features * LIVE VIDEO Naira and Dollar notes NAIRA WEAKENS AT OFFICIAL MARKET NAIRA DECLINED TO N461.50 ON THE SPOT MARKET ON MONDAY byAbdulkareem Mojeed March 27, 2023 Reading Time: 1 min read 0 AddThis Sharing Buttons Share to FacebookFacebookShare to TwitterTwitterShare to WhatsAppWhatsAppShare to TelegramTelegramShare to EmailEmailShare to PrintPrintShare to Copy LinkCopy Link Naira weakened slightly against the United States dollar to trade at N461.50 per dollar at the official market on Monday. Data from the FMDQ securities exchange window where forex is officially traded showed that the rate reflected a N0.17 or 0.04 per cent decline from N461.33 the local currency traded last Friday. According to the market data posted, the naira experienced an intraday low of N462.42 per dollar and a high of N460.00 before it closed at N461.50 per $1 on Monday, the same rate it traded last Wednesday. The spot market segment recorded $101.77 million as foreign exchange turnover within the business period on Monday, the FMDQ data revealed. Similarly, the naira fell significantly against the greenback at the unauthorised window on Monday. Market rates collated across States on Monday showed that the dollar was exchanged at N743.39 per $1. This represents a N3.29 or 0.44 per cent depreciation from N740.10 per $1 it exchanged in the previous market window last Friday. The spread between the authorised and unauthorised markets stood at N281.89, leaving a margin of 61.1 per cent at the close of business on Monday. SHARE THIS: * Twitter * Facebook * WhatsApp * Telegram * LinkedIn * Email * Print * -------------------------------------------------------------------------------- SUPPORT PREMIUM TIMES' JOURNALISM OF INTEGRITY AND CREDIBILITY GOOD JOURNALISM COSTS A LOT OF MONEY. YET ONLY GOOD JOURNALISM CAN ENSURE THE POSSIBILITY OF A GOOD SOCIETY, AN ACCOUNTABLE DEMOCRACY, AND A TRANSPARENT GOVERNMENT. FOR CONTINUED FREE ACCESS TO THE BEST INVESTIGATIVE JOURNALISM IN THE COUNTRY WE ASK YOU TO CONSIDER MAKING A MODEST SUPPORT TO THIS NOBLE ENDEAVOUR. BY CONTRIBUTING TO PREMIUM TIMES, YOU ARE HELPING TO SUSTAIN A JOURNALISM OF RELEVANCE AND ENSURING IT REMAINS FREE AND AVAILABLE TO ALL. 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