Naira Depreciates in Official and Parallel Markets, Ending 4-Day Winning Streak
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#f4e83713 ver:1.73
The Nigerian naira has ended its four-day winning streak and depreciated against the dollar in both the official and parallel markets. In the official market, the naira depreciated by 1.55% to trade at N1,485.66 per dollar, while in the parallel market, it lost N10 and traded at N1,510 per dollar. The decline is attributed to increased trading volume and speculative activities in the foreign exchange market. #NairaDepreciation #ForeignExchangeMarket...
#newstr #Naira #Usd #ExchangeRate #OfficialMarket #ParallelMarket #BlackMarket
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