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CBN devalues Naira, exchanges at N381 per dollar on FMDQ

Muhammad A. Aliyu
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Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
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Published: 2020/07/08
1 Min Read
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The Central Bank of Nigeria (CBN) on Tuesday officially devalued naira to exchange to the dollar at N381/$ on the Importer & Exporter window.

The data obtained on the website of FMDQ OTC Securities Exchange on the CBN official rate, on Tuesday, this showed a 5.54% change from N360/$.

FMDQ Securities was registered by the Securities and Exchange Commission with a mandate to create an efficient platform for the registration, listing, quotation, trading and reporting of securities and financial products.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior Editor, he plays a key role in shaping the digital news landscape.
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