⏺Naira Appreciates to N1,585/$ in Parallel Market
The Naira strengthened to N1,585 per dollar in the parallel market, up from N1,600 on Monday. In the Nigerian Autonomous Foreign Exchange Market (NAFEM), it rose to N1,601 per dollar from N1,607.15. Dollar trading volume declined by 19.7% to $61.9 million. The gap between parallel market and NAFEM rates widened to N16 per dollar.
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