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Again, naira depreciates to dollar (see latest rate)

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The naira depreciated to765.13 naira per dollar in the Investors and Exporters window.

The indicative exchange rate for the window rose to 765.13 naira per dollar from 763.17 naira per dollar yesterday, indicating 1.96 naira depreciation for the naira.

Similarly, the naira depreciated by 14 naira in the parallel market, while findings from black market traders showed that the exchange rate for the market rose to 772 naira per dollar from 758 naira per dollar.


The naira also weakened against the British Pound Sterling (G-B-P) to 980 naira per G-B-P at the close of business.

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