The Naira depreciated today by 33 Kobo to N410/$ from N409.67/$ yesterday at the Investors and Exporter (I&E) window.
Similarly, the currency depreciated today by N2 to N485/$ from N483/$ yesterday, after stabilizing for two consecutive times in the parallel market.
The depreciation was due to a 52.7% decline in the volume of dollars traded (turnover) in the window to $46.43 million today from $98.20 million yesterday.
Read Also: Forex Alert: Naira Appreciates by 8 Kobo to N409.67/$ in I & E Window
