Naira

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Naira depreciates further to N361/$ in I&E

Naira depreciates further to N361/$ in I&E

The naira yesterday depreciated for the third time this week by 77 kobo to N361 per dollar, in the Investors and Exporters (I&E) window of the foreign exchange market.

Naira appreciates to N360.12/$; reserves up by 1bn

Naira appreciates to N360.12/$; reserves up by 1bn

The naira Thursday recorded the highest daily gain of 17 kobo appreciating to N360.12 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market, even as the external reserves increased by $1.03 billion in one  week.