Naira drops to 1690.37/$ as dollar supply falls

The naira weakened by 2.31 per cent or N38.12 on Monday at the National Autonomous Foreign Exchange Market to N1690.37/$ compared to 1652.25/$ that it had closed the previous week at. According to FMDQ data on Monday, the daily turnover stood at $173.14m, indicating a 42 per cent decline from $296.63m on Friday. At the