Naira depreciates to N363.5/$ in parallel market - Vanguard News Nigeria

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Naira depreciates to N363.5/$ in parallel market===has been published on Vanguard News Nigeria -

 

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Is it only that is depreciating , everything under Buhari is depreciating.

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Naira sells at N363 to dollar at parallel market - Vanguard News NigeriaThe Naira on Thursday exchanged at N363 to the dollar at the parallel market in Lagos, the News Agency of Nigeria(NAN) reports.
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Naira depreciates to N364 in parallel market - Vanguard News NigeriaThe Naira, yesterday, depreciated to N364 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux De Change Operators of Nigeria (ABCON), the parallel market exchange rose to N364 per dollar from N363 per dollar on Monday, indicating one naira depreciation of the naira.
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Naira depreciation to persist as political campaigns pressure forex market - Vanguard News NigeriaTHE depreciation of the naira in the last two weeks may persist this week following increased demand for dollars triggered by political campaign activities across the country. Last week, the naira depreciated to new levels in the parallel market and in the Investors and Exporters, I&E, window.
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The wrong way to defend the naira - Vanguard News NigeriaTHE Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
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