The Naira depreciated today by 25 Kobo to N410/$ from N409.75/$ yesterday at the Investors and Exporter (I&E) window.
This was due to the 57.9% decline in the volume of dollars traded (turnover) in the window to $72.43 million today from $171.85 million yesterday.
But, the currency stabilizes today at N484.50/$ at the parallel market.
Read Also: Forex Alert: Naira Depreciates by N1 to N409.75/$ in I & E Window