Naira depreciates N1,629/$ in official market

By Elizabeth Adgbesan THE Naira yesterday depreciated to N1,629 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 rose to N1,629 per dollar from N1,600 per dollar last week Friday, indicating N29 depreciation for the naira. Likewise, [...]The post Naira depreciates N1,629/$ in official market appeared first on Vanguard News.

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