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Nigerian Naira Appreciates Further Against Dollar At Parallel Market

The naira continued its appreciation against the dollar in the parallel market Wednesday, as the parallel market exchange rate dropped further to N305 per dollar.

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Thus the naira has appreciated by N70 against the dollar in three days in the parallel market. The parallel market exchange rate, which rose to N400 per dollar last Thursday, dropped and closed the week at N375.

– Vanguard

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Written by PH

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