The Naira on Friday, depreciated to N1,700 per dollar in the parallel market from N1,675 per dollar on Thursday.
The Nigerian naira took advantage of weak U.S. dollar index readings in the official market and a surprise interest rate hike by the CBN amid ongoing dynamics in Nigeria's fragile FX market.
As NAFEM turnover rises 232% By Elizabeth Adegbesan The Naira yesterday appreciated to N1,675 per dollar in the parallel ...