Naira Slumps To N1,410/$ In Parallel Market
Yesterday, the Naira depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. This was contrary to Naira’s appreciation in the Nigerian Foreign Exchange Market, NAFEM, to N1,354.21 per dollar. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,354.21per dollar from N1,400.4 per dollar last…