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Nairaland Forum / Nairaland / General / Business / Naira Depreciates To N935/$ In The Official Market. (143 Views)
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Naira Depreciates To N935/$ In The Official Market. by Mateco556: 10:13pm On Dec 04, 2023 |
In a concerning economic development, the Nigerian Naira started a new low on Monday, opening at N927.19 per dollar in the official market and N1165 per dollar in the parallel market. This marks an 11.39% depreciation, with the domestic currency opening at N927.19 to a dollar, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM), where forex is officially traded. O Friday, intraday high and low recorded further revealed the volatility in the forex market, with............ https://ratecaptain.com/naira-depreciates-to-n935-in-the-official-market/ |
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