The US dollar closed at ₦461/US$1 in the parallel market
The naira depreciated marginally against the dollar, closing at N461/$1 at the parallel market on Tuesday.
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Wednesday.
The Naira depreciated against the dollar to close at N465/$1 on Friday.
The Naira appreciated against the dollar to close at N462/$1 on Thursday.
At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N460/$1 on Tuesday.
$50 million was sold to foreign investors on the spot and forward market.
The Naira appreciated against the dollar to close at N440/$1 on Tuesday.
The sales of forex to BDCs will inject more liquidity to the retail end of the foreign exchange market.
The Naira remained stable against the dollar to close at N477/$1 on Thursday at the black market.