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Naira Depreciates, Now N1,540/$ in Parallel Market
The Naira yesterday depreciated within the parallel market to N1,540 per greenback from N1,530 per greenback on Wednesday.
Equally, the Naira yesterday depreciated to N1,533.99 per greenback within the Nigerian Autonomous International Trade Market, NAFEM.
Learn Additionally:
Information from FMDQ confirmed that the indicative trade fee for NAFEM rose to N1,533.99 per greenback from N1,459.02 per greenback on Wednesday, indicating N74.97 depreciation for the naira.
Consequently, the margin between the parallel market and NAFEM charges narrowed to N6.01 per greenback from N70.98 per greenback on Wednesday.
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