Naira plummets to 1,620/$ in parallel market
The naira yesterday depreciated to N1,620 per dollar in the parallel market from N1,575 per dollar on Tuesday. But the Naira appreciated to N1,611.55 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by FMDQ, showed that the indicative exchange rate for the naira fell to N1,611.55 per dollar from N1,612.24 per dollar on Tuesday, indicating 69 kobo …