parallel market naira rate

  1. Today's Naira Rate[24-07-2014]: Naira Drops to N1,575/$ in Parallel Market as Trading Volume Declines

    Nigeria Today's Naira Rate[24-07-2014]: Naira Drops to N1,575/$ in Parallel Market as Trading Volume Declines

    The Naira fell to N1,575 per dollar in the parallel market on Wednesday, down from N1,565. In NAFEM, it dropped to N1,586.71. Trading volume fell 39% to $171.03 million, and the gap between parallel and official rates narrowed. Experts await CBN's response to stabilize the currency. On...
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