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Forex Alert: Naira depreciates by 50kobo to N475.50/$ in Parallel Market

January 22, 2021
in News, Finance
Reading Time: 1 min read
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Forex Alert: Naira depreciates by 50kobo to N475.50/$ in Parallel Market
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Naira depreciated today by 17 kobo at the Importer and Exporter (I&E) window to N394.17/$ today from N394.00/$ yesterday.

Similarly, Naira depreciates today by 50 Kobo at N475.50/$ from N475/$ yesterday at the parallel market.

Moreover, there was -42.22% fall in the volume of dollars traded (turnover) in the I & E window to $44.51 million today from $77.04 million yesterday.

Read Also: Forex Alert: Naira further depreciates by 50kobo to N475/$ in Parallel Market

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