Naira falls, trades at 1,610/$ in official market
The Naira yesterday depreciated to N1,610 per dollar in the parallel market from N1,600 per dollar last week Friday. Similarly, the Naira yesterday depreciated to N1,596.6 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1596.6 per dollar from N1,570.14 per dollar last week Friday, indicating …