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. Read more
