The Naira experienced an appreciation on Monday, October 21, rising to ₦1,715 per dollar in the parallel market, up from ₦1,725 per dollar recorded last weekend. Conversely, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira depreciated to ₦1,603.16 per dollar. According to data from FMDQ, the indicative exchange rate for NAFEM decreased to …
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