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Naira depreciates to N1,572/$ in parallel market

Published by Vanguard on Fri, 19 Jul 2024


By Elizabeth Adegbesan The Naira yesterday depreciated to N1,572 per dollar in the parallel market from N1,570 per dollar on Wednesday. Similarly, the Naira appreciated to N1,566.82 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,566.82 per dollar from N1,581.65 []The post Naira depreciates to N1,572/$ in parallel market appeared first on Vanguard News.
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