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The News Beam
Home News Business & Economy Economy

Naira Appreciates by N2 in the Parallel Market

December 21, 2020
in Economy, Finance
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Naira Appreciates by N2 in the Parallel Market
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The Naira recorded mixed performance at the close of business today. It rose to N475/$ in the parallel market but stables at N394/$ in the official window.

At the close of business today, Naira appreciated by N2 as it closed with N475/$ from N477/$ it recorded last Friday.

However, at the Importer and Exporter (I&E) window, the value of Naira remained unchanged as it stables at N394/$.

The volume of dollar turnover at the close of business stood at $147.33 million. This represents a sharp decline by -32.9% compared to the volume of $219.60 million recorded last Friday.

READ ALSO; Naira Falls to N477/$ in parallel market

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