Naira Rises To N1,585/$ In Parallel Market

The Naira yesterday appreciated to N1,585 per dollar in the parallel market from N1,600 per dollar on Monday. Similarly, the Naira yesterday appreciated to N1,601 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,601 per dollar from N1,607.15 per dollar on Monday, indicating a N6.15 rise for the naira. READ ALSO: Paris Olympics: Tobi Amusan Into 100m Women’s Hurdles Semi-Final Naira Crude Sale Yet To Happen – Operators Tinubu Appoints New Heads Of Agencies Under…

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