Naira depreciated against the US Dollar at the NAFEX window on Tuesday to close at N411/$1.
The opening indicative rate closed at N410.88 to a dollar on Monday.
The naira appreciated against the US Dollar on Wednesday, 31st March 2021, at the NAFEX window to close at N408.67 to a dollar.
The naira appreciated marginally at the parallel market, as it closed at N485/$1.
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The Naira appreciated marginally against the US Dollar at NAFEX window on Thursday, 18th March, to close at N409.67/$1.
The CBN intervened in the foreign exchange market with sales FOREX to dealers valued at $5.62 billion in Q4 2020.
At at $34.48 billion, the external reserve can now service about 7.9 months of imports of goods and 5.99 months of imports of goods and services.
The Naira depreciated against the US Dollar on Tuesday at the NAFEX window to close at N409.75/$1,
The Naira appreciated against the US Dollar on Monday to close at N408.90/$1 at NAFEX window
