Data from the Financial Market Dealers Quote (FMDQ) revealed that the indicative exchange rate for the window dropped to N360.6 per dollar yesterday from N361.70 per dollar on Wednesday.
Further analysis revealed that the volume of dollars traded in the window rose sharply by 76 percent to $131.01 million from $74.38 million last week. The naira however remained stable at N364 per dollar in the parallel market.
Vanguard
Further analysis revealed that the volume of dollars traded in the window rose sharply by 76 percent to $131.01 million from $74.38 million last week. The naira however remained stable at N364 per dollar in the parallel market.
Vanguard
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