Nigeria: Naira Depreciates to N361.5/$ in Parallel Market

12 June 2018

The Naira, yesterday, depreciated by 50 kobo to N361.5 per dollar in the parallel market.

According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change Operators (ABCON), the parallel market exchange rate rose to N361.5 per dollar yesterday from N361 per dollar last week Friday, indicating 50 kobo depreciation for the Naira.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.