Naira depreciates massively against dollar in single day

The Naira depreciated massively against the dollar in the foreign exchange market. FMDQ data showed that the Naira weakened significantly to N1561.98 against the dollar on Thursday from N1532.58 traded on Wednesday. This represents an N29.4 against the dollar compared to the N1532.58 traded on Wednesday. Similarly, at the parallel foreign exchange market, the Naira [...]Naira depreciates massively against dollar in single day

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