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Home Tag Archives: depreciates

Tag Archives: depreciates

Banking & Finance

Naira depreciates to N1,690/$ in parallel market

By Breezynews
11 October 2024
in :  Banking & Finance
0
8

The Naira today appreciated to N1,690 per dollar in the parallel market from N1,670 per dollar on Thursday. Similarly, the Naira depreciated to N1,641.27 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,641.27 per dollar from N1,622.57 per dollar on Thursday, indicating N18.7 depreciation for …

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News

Naira depreciates further in parallel market, falls to N1,660/$

By Breezynews
13 September 2024
in :  News
0
10

The Naira continued its downward trend on Friday, depreciating to N1,660 per dollar in the parallel market. This represents a slight decline from the N1,655 per dollar traded on Thursday. In a similar vein, the Naira depreciated to N1,546.41 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday. According to data from FMDQ, the indicative exchange rate …

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Business

Naira depreciates to N1,610/$ in parallel market

By Breezynews
26 July 2024
in :  Business
0
55

The Naira on Friday depreciated to N1,610 per dollar in the parallel market from N1,580 per dollar on Thursday. Similarly, the Naira yesterday depreciated to N1,609.29 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,609.29 per dollar from N1,603.8 per dollar on Thursday, indicating N5.49 …

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