Naira down to N1,535/$ in parallel market
Naira yesterday depreciated in the parallel market to N1,535 per dollar from N1,530 per dollar last week Friday. Similarly, Naira also depreciated to N1,523.85 per dollar in the Nigerian Autonomous Foreign Exchange Market. Data from Financial Markets Dealers Quotations (FMDQ) showed that the indicative exchange rate for NAFEM rose to N1,523.85 per dollar from N1,509.67 per dollar last weekend, indicating N14.18 depreciation for the naira. The volume of dollars traded […]
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