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Naira falls against Dollar, ends week on a negative note

An image depicting the exchange of Naira and Dollar

The naira, once again, slumped against the dollar to end the week on a negative note.

FMDQ data showed that it depreciated to ₦1609.29 per dollar on Friday from ₦1603.80 exchanged on Thursday.

This represents a ₦5.49 loss.

In a similar development, the naira depreciated, at the black market to ₦1,595 per dollar on Friday from ₦1,590 the previous day.

This showed that the naira had a negative run against the dollar in the week under review.

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