Naira Gains, Sells at N1,340/$ in Parallel Market

The naira on Wednesday appreciated to N1,340 per dollar in the parallel market from N1,350 per dollar on Tuesday.

Similarly, the naira yesterday appreciated to N1,300.43 per dollar in the Nigerian Foreign Exchange Market (NAFEM).

Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,300.43 per dollar from N1,382.95 per dollar on Tuesday, indicating N82.52 appreciation for the naira.

Leave a Reply

Discover more from Africa Health Report

Subscribe now to keep reading and get access to the full archive.

Continue reading