Naira appreciates against US dollar at parallel market

Dollar and naira

The naira on Monday appreciated to N1,350 per dollar in the parallel market from N1,370 per dollar last week. Similarly, the naira depreciated to N925.34 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N925.34 per dollar from N902.45 per dollar last … Read more