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Tag: Association of Bureaux De Change

Naira depreciates by 50.5k as...

On the foreign exchange scene, the naira...

Naira depreciates by 50.5k as reserves drops to $38.7 billion

On the foreign exchange scene, the naira continued its downward trend in the foreign exchange market as it depreciated by an average of 50.5 kobo in the parallel market and in the Investors and Exporters (I&E) window last week. While the naira depreciated for the sixth consecutive weeks by 51 kobo last week in the I&E window, it depreciated by 50 kobo in the parallel market. Data from DMDQ showed that the indicative exchange rate for the I&E window rose for the sixth consecutive weeks to N364.57 per dollar last week...
Aisha Auyo -
Business & Economy

Naira depreciates by...

On the foreign exchange scene, the naira continued its downward trend in the foreign exchange market as it depreciated by an average of 50.5...
Aisha Auyo -
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