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Naira depreciates to N360.61/$ in I&E window

THE, Naira, yesterday, depreciated to N360.61 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window rose to N360.61 per dollar from N360.18 per dollar last week Friday translating to 43 kobo depreciation of the naira.

Naira
Naira

The volume of dollars traded on the window dropped by 78 percent to $101.25 million from $458.95 million traded last week Friday.
However, the naira yesterday was stable at N358 per dollar in the parallel market.

Naira gains against dollar at investors window


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