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Naira falls to ₦1,495/$ in...

Naira falls to ₦1,495/$ in parallel market Naira...

Naira falls to ₦1,495/$ in parallel market

Naira falls to ₦1,495/$ in parallel market Naira weakened yesterday, depreciating to ₦1,495 per dollar in the parallel market, down from ₦1,490 per dollar the previous day. Similarly, the Naira depreciated to ₦1,496 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to ₦1,496 per dollar from ₦1,495 per dollar on Wednesday, indicating ₦1 depreciation for the naira. Consequently, the margin between the parallel market and NFEM rate narrowed to ₦1 per dollar from...

Naira falls to...

Naira falls to ₦1,495/$ in parallel market Naira weakened yesterday, depreciating to ₦1,495 per dollar in the parallel market, down from ₦1,490 per dollar the...
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