Naira-dollar
Naira exchanges for N1,725/$ in parallel market
The Naira yesterday appreciated to N1,725 per dollar in the parallel market from N1,730 per dollar on Monday.
The volume of dollars traded (turnover) in the official market increased by 198.8 percent to $242.59 million from $81.17 million traded on Monday.
Consequently, the margin between the parallel market and NAFEM rate widened to N94.55 per dollar from N59.35 per dollar on Monday.
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