BusinessNigeria

Naira stable at N1,535/$ in parallel market

The Naira yesterday was stable at N1,535 per dollar in the parallel market.
However, the Naira depreciated to N1,532.58 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,532.58 per dollar from N1,523.85 per dollar on Monday, indicating N8.73 depreciation for the naira.

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