The Naira depreciated today by 20kobo to N408.80 from N408.60/$ yesterday at the Investors and Exporter (I&E) window.
This follows a 72.19% rise in the volume of dollars traded (turnover) in the I & E window to $212.43 million today from $123.37 million yesterday.
But, the currency stabilizes today at N478.50/$ in parallel market.
Read Also: Forex Alert: Naira appreciates by N1.40kobo to N408.60/$ in I & E Window