Naira Maintains ₦1,535/$ Rate In Parallel Market

The Naira maintained its position at ₦1,535 per dollar in the parallel market yesterday, showcasing a surprising stability amidst broader market volatility. In contrast, the Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a depreciation of the ₦aira, slipping to ₦1,532.58 per dollar. According to FMDQ data, the indicative exchange rate for NAFEM rose from ₦1,523.85 [...]The post Naira Maintains ₦1,535/$ Rate In Parallel Market appeared first on Naija News.

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