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Naira down to 360.75/$ at NAFEX

The Naira, yesterday, depreciated to N360.52 per dollar in the Investors and Exporters (I&E) Foreign Exchange, forex Window. Data from the Financial Market Dealers Quote, FMDQ, showed that the indicative exchange rate for the I & E Window, known as Nigerian Autonomous Foreign Exchange, NAFEX,  dropped  to N 360.75 per dollar, yesterday, from  Friday’s rate   which  stood  at N360.21 per dollar. This indicates a 54 kobo depreciation of the Naira.

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