Exchange rate gains big at NAFEX as forex turnover pops 916%
Nigeria’s exchange rate at the NAFEX window appreciated significantly to N385.50 during intraday trading on Thursday, August 6, 2020. In another development, the exchange rate at the parallel market remained unchanged on Thursday as it closed at N474/$1 after exchanging as high as N486/$1. Parallel Market: At the black market where forex is traded unofficially, the Naira remained […]