By Elizabeth Adegbesan
The Naira yesterday depreciated to N361 per dollar in the parallel market.

According to  naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change Operators of Nigeria (ABCON), the parallel market exchange rose to N361 per dollar from N360 per dollar on Monday, indicating one naira depreciation of the naira.

However, the naira appreciated by 10 kobo in the Investors and Exporters (I&E) window due to a 72 percent increase in the volume of dollars traded.

Data from FMDQ showed that the indicative exchange rate for the window dropped to N364.20 per dollar yesterday from N364.30 per dollar on Monday, translating to 10 kobo appreciation of the naira.

The volume of  dollars (turnover) traded on the window rose by 72 percent to $ 259.02 million from $148.67 million on Monday.

https://newlive.vanguardngr.com/2018/12/naira-up-to-n364-57-in-ie-window/