Naira depreciates to N1,390/$ in parallel market

By Elizabeth Adegbesan The Naira on today depreciated to N1,390 per dollar in the parallel market from N1,388 per dollar on Thursday. Similarly, the naira depreciated to N1,342.5 per dollar in the Nigerian Foreign Exchange Market, NFEM . Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira […] The post Naira depreciates to N1,390/$ in parallel market appeared first on Vanguard News.

By Urowayino Jeremiah