Business

Naira dips at official market

The Naira fell at the official market on Tuesday, July 4, closing at N768/$ at the Investors and Exporters (I&E) window.

The Naira which closed at N741/$ on Monday, July 3, recorded a N27 loss on Tuesday.

The Naira exchanged at N770/$ at the parallel markets, leaving a N2 gap for full rate convergence between the official and parallel market rates.

Olu Adeyemi

Accomplished journalist with decades of experience spanning print and digital media.

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