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Naira gains at official market, weakens at parallel market

Published 1 month ago1 minute read

Tribune OnlineNaira gains at official market, weakens at parallel marketThe Nigerian naira strengthened at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, closing at N1,531.19 per dollar, an improvement from N1,536.89/$ recorded on Friday. This marginal appreciation comes after a week of struggle, where the currency depreciated by 1.25 percent to settle at N1,536.89/$ on Friday. However, in the parallel market, the []Naira gains at official market, weakens at parallel marketTribune Online
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