Naira appreciates, trades N1,630/$ in parallel market

Tribune Online
Naira appreciates, trades N1,630/$ in parallel market

The Naira has appreciated in value, rising to N1,630 per dollar in the parallel market, up from N1,640 per dollar previously. Similarly, the Naira appreciated to N1,507 per dollar in the official foreign exchange market, indicating a N12.7 appreciation for the Naira. This development comes as a welcome relief, although some…