Naira loses N7.09 at official market

The Naira, on Wednesday, depreciated at the official market trading at N1,350.41 to a dollar.

Data from the official website of the Central Bank of Nigeria, CBN, revealed that the Naira lost N7.09.

This represented a 0.5 per cent loss when compared to Tuesday when it traded at N1,343.32 per dollar.

The loss is coming after six days steady gain for the local currency which has remained relatively stable due to ongoing CBN reforms.

Source: NAN

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