The Naira depreciated by N6 to N485 after stabilizing four consecutive times at N479/$ in parallel market.
Similarly, the currency depreciated today by N4.50 kobo to N411/$ from N406.50/$ yesterday at the Investors and Exporter (I&E) window.
This follows a 25.29% rise in the volume of dollars traded (turnover) in the I & E window to $83.93 million today from $66.99 million yesterday.
Read Also: Forex Alert: Naira appreciates by N4.50kobo to N406.50/$ in I & E Window