Naira depreciates to N1,570/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,545 per dollar last weekend. But the Naira appreciated to N1,528 per dollar in the Nigerian Foreign Exchange Market (NFEM). data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell [...]The post Naira depreciates to N1,570/$ in parallel market appeared first on Vanguard News.

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