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Currency: The naira registers its first depreciation against the dollar

28/02/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Last Wednesday, the naira recorded its first depreciation on the parallel foreign exchange market since the start of the week.

The naira fell to 1,490 N to the dollar on Wednesday from 1,485 N traded on Tuesday, losing 10 N. On the official market, the naira was 1,495.91 N to the dollar on Tuesday, while the Central Bank of Nigeria has not yet released its exchange data for Wednesday.

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