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Home News Business & Economy Finance

Forex Alert: Naira Depreciates by 25 kobo to N410/$ in I & E Window

March 26, 2021
in Finance, News
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Forex Alert: Naira Depreciates by 25 kobo to N410/$ in I & E Window
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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

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