Naira Reverses Gain as Access, Zenith, Others Sell Dollar at New Rates in Official Markets
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On October 9, 2024, the naira depreciated in the official market, trading at N1,625.13 per dollar, down from N1,561.76 the previous day; the parallel market saw the naira appreciate to N1,675 per dollar from N1,685; the official market turnover declined by 32.7% to $170.6 million; the gap between official and parallel market rates narrowed to N49.87 from N132.24; Abbas Yishau noted a decrease in dollar demand in the black market; on October 8, 2024, the naira had gained 4.48% in the official market.
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https://www.legit.ng/business-economy/economy/1618523-naira-reverses-gain-access-zenith-sell-dollar-rates-official-markets/
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