P
ProfRem
Guest
The Naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market.
The News Agency of Nigeria (NAN) reports that the greenback lost N2 to the dollar from its weekend value of N263.
However, at the official interbank window, the Naira exchanged at N197 to the dollar.
Traders at the market were hopeful that the Naira would rebound in 2016 if the apex bank continued to enforce its policies at the foreign exchange market.
The News Agency of Nigeria (NAN) reports that the greenback lost N2 to the dollar from its weekend value of N263.
However, at the official interbank window, the Naira exchanged at N197 to the dollar.
Traders at the market were hopeful that the Naira would rebound in 2016 if the apex bank continued to enforce its policies at the foreign exchange market.