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Home News Business & Economy

Naira Appreciates by N3 in the Parallel Market

December 22, 2020
in Business & Economy, Economy, Finance
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Naira Appreciates by N3 in the Parallel Market
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The Naira today appreciated by N3 to N472/$ in the parallel market from N475/$ yesterday.
Consequently the naira has appreciated by N5 in two days from Thursday till today.

However, the Naira depreciation by 67 kobo at the Investors and Exporter (I&E) window as the indicative exchange rate for the window rose to N394.67/$ at the close of business today from N394/ $ yesterday.

But the volume of dollars traded (turnover) in the window rose by 60.8% to $236.91 million today from $147.33 million yesterday.

READ ALSO; Naira Appreciates by N2 in the Parallel Market

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