Naira depreciates further on Wednesday

The naira continued to depreciate against the dollar in the foreign exchange market. FMDQ data showed that the naira fell further to N1625.88 per dollar on Wednesday. This represents N14.54 depreciation compared to the N1611.34 exchange rate recorded on Tuesday. The market indices showed that the highest exchange rate on Wednesday was N1,640 and N1,400 [...]Naira depreciates further on Wednesday

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