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Naira Depreciates To N1,410/$ In Parallel Market
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The Naira yesterday depreciated to N1,410 per dollar in the parallel market from N1,406 per dollar on Wednesday.
Similarly, the naira depreciated to N1,368.5 per dollar in the Nigerian Foreign Exchange Market, NFEM.
Consequently, the margin between the parallel and official markets widened to N41.5 per dollar from N39.5 per dollar on Wednesday.
The interbank turnover at NFEM fell by 4.3 percent to N58.4 million yesterday from N61.03 million on Wednesday.
