Naira weakens at black market as holiday makers depart Nigeria
The exchange rate at the parallel market suffered its second depreciation of the year.
The exchange rate at the parallel market suffered its second depreciation of the year.
At the black market where forex traded unofficially, the exchange rate depreciated to close at N472/$1.
At the black market where forex traded unofficially, the exchange rate continued to remain stable at N470/$1 on Thursday.
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Wednesday, closing at N394.50/$1.
The Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday, closing at N393.83/$1.
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Thursday, closing at N410.25/$1.
Naira remained stable against the dollar, closing at N470/$1 at the parallel market on Wednesday.
The Naira depreciated against the dollar – closing at N470/$1 at the parallel market on Tuesday.
The Naira appreciated significantly against the dollar – closing at N465/$1 at the parallel market on Thursday, December 24, 2020.
Naira’s exchange rate at the NAFEX window appreciated against the dollar to close at N392/$1 during intra-day trading on Wednesday.
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