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Naira hits ₦1,640 per dollar...

Naira hits ₦1,640 per dollar in parallel...

Naira hits ₦1,640 per dollar in parallel market

Naira hits ₦1,640 per dollar in parallel market The naira has depreciated to ₦1,640 per dollar in the parallel market from N1,650 per dollar this week. The naira also depreciated to ₦1,541.52 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to ₦1,541.52 per dollar from ₦1,544.02 per dollar on Thursday, indicating N2.5 appreciation for the naira. The volume of dollars traded (turnover) in the official market declined by 117.7 percent to $190.57 million from $87.51 million traded on Thursday. Consequently,...
Hafsat Aleeyu Muye -
Business & Economy

Naira hits ₦1,640...

Naira hits ₦1,640 per dollar in parallel market The naira has depreciated to ₦1,640 per dollar in the parallel market from N1,650 per dollar this...
Hafsat Aleeyu Muye -
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