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Forex Alert: Naira depreciates by N2.50 to N401/$ in I & E Window

February 9, 2021
in News, Finance
Reading Time: 1 min read
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Forex Alert: Naira depreciates by N2.50 to N401/$ in I & E Window
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The Naira fell again today by N2.50 at the Investors and Exporter (I&E) window to N401.00/$ today from N398.50/$ yesterday.

This follows a -15.07% fall in the volume of dollars traded (turnover) in the I & E window to $49.07 million today from $57.78million yesterday.

The naira however remained stable at N477/$ in parallel market.

Read Also: Forex Alert: Naira depreciates by N2.33 kobo to N398.50/$ in I & E Window

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