The Naira depreciated today by 13 kobo to N410.13/$ from N410/$ on Friday at the Investors and Exporter (I&E) window.
The depreciation was due to a 44.3% decline in the volume of dollars traded (turnover) in the window to $25.88 million today from $46.43 million on Friday.
However, the currency stabilizes today at N485/$ in the parallel market.
Read Also: Forex Alert: Naira Depreciates by 33 Kobo to N410/$ in I & E Window
