Naira Depreciates To N1,523.85/$1 On Official Market

The naira weakened further on the official market on Monday, closing at N1,523.85 per dol – lar compared to N1,509.67/$1 last Friday, data from FMDQ shows. The local currency also slumped at the parallel mar – ket on Monday, falling to N1,530 per dollar compared to N1,520/$1 on Friday. Forex traders attributed the naira’s decline...The post Naira Depreciates To N1,523.85/$1 On Official Market first appeared on New Telegraph.The post Naira Depreciates To N1,523.85/$1 On Official Market appeared first on New Telegraph.

Read More