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Does The Dollar Depreciates? Just Wondering - Business - Nairaland

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Naira Depreciates To ₦410 Per Dollar As Local Currency Weakens / Naira Depreciates Marginally Against Dollar / Today's Naira Exchange Rate Against The Dollar, Pounds And Euro (2) (3) (4)

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Does The Dollar Depreciates? Just Wondering by Nobody: 11:42am On Jan 12, 2017
This question has been disturbing me for some days now after i came across some phones on jumia, and i found out that the price of my favourite phone i intend buying with a lil nugget i saved has increase exceedingly due to the Depreciation of our Naira. I'm just vexed now.. I understand that our economic is bad and probably at it's worst state.. But does it mean US no dey follow experience small economic palava? Since i was born till this moment, i've never heard of the Dollar depreciating to the level our naira or other currency has.. Please i wanna know why. Even yuan depreciates.. Why is dollar still maintaing it's stance till this day?

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