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Naira appreciates to N1,580/$ in parallel market

Naira appreciates to N1,580/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,570 per dollar […]

Naira down to N1,595/$ in parallel market

Naira down to N1,595/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1, 595 per dollar in the parallel market from N1,585 per dollar on Tuesday. However, the Naira appreciated to N1,608.73 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,608.73 per dollar from […]