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Naira depreciates to N1,635 in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,635 per dollar in the parallel market from N1,625 per dollar last weekend. However, the Naira yesterday appreciated to N1,585.77 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,585.77 per dollar from […]

Naira appreciates to N1,615 in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,615 per dollar in the parallel market from N1,620 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,593.93 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.93 per dollar from […]

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