https://www.highcpmgate.com/fz7sh72m?key=1774b177f3fa3045c3e8ef5ec64c762f
The Naira depreciated on Tuesday, April 23, within the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar, exceeding the parallel market price by N45.15.
Data from FMDQ showed that the indicative change price for NAFEM rose to N1,300.15 per dollar from N1,234.49 per dollar last week Friday, indicating N65.66 depreciation for the naira.
Equally, the Naira depreciated to N1,255 per dollar within the parallel market, from N1,1250 per dollar on Monday, April 22.
Consequently, the margin between the parallel market and NAFEM charges increased to N45.15 per dollar from N15.51 per dollar the previous day.
