Naira begins week lower at N1,533.67/$, defying improved market outlook   

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The Nigerian naira had a marginal negative start to the week, trading at 1,533.67/$ on the Nigerian Foreign Exchange Market, down 0.08% from 1,532.51/$ on Friday.


The exchange rate reached an intraday high of 1,535/$, while its lowest point for the day was 1,532/$.


It settled at 1,543/$ on the parallel market, which was higher than the previous week’s average of 1,545/$.

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