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MARKETSNaira weakens against the dollar by 1.14% amid market uncertainty

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Melvin

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The reopening of the economy is expected to put additional pressure on the naira as more businesses try to meet up with accumulated obligations.
According to information obtainend from abokifx, the naira depreciated to N445 to a dollar on Monday, June 2, 2020. This shows a loss of N5 (or 1.14% decline) when compared to the N440 to a dollar that was recorded last week Friday to N445 to a dollar on Monday, June 2, 2020. This shows a loss of N5 (or 1.14% decline) when compared to the N440 to a dollar that was recorded last week Friday
 
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