Naira strengthens to N1,590/$1 in parallel market, weakens on official window

Tribune Online
Naira strengthens to N1,590/$1 in parallel market, weakens on official window

The Nigerian Naira appreciated significantly at the parallel market on Monday, strengthening to N1,590 per US dollar, compared to N1,610 per US dollar last week. However, this gain was not mirrored in the official foreign exchange (FX) market, where the currency depreciated. At the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira fell to N1,495.60 […]

Naira strengthens to N1,590/$1 in parallel market, weakens on official window
Tribune Online

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