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Naira down to N1,385/$ in parallel market (opens original article in a new tab)

TL;DR

Naira depreciated to N1,385 per dollar in parallel market and N1,389 per dollar in Nigerian Foreign Exchange Market, with narrowed margin between markets.

  • Naira depreciated to N1,385 per dollar in parallel market
  • Naira depreciated to N1,389 per dollar in Nigerian Foreign Exchange Market
  • Margin between parallel and official markets narrowed to N4 per dollar

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