On Tuesday, the Nigerian currency depreciated by N1.79 or 0.42 per cent against the United States Dollar to settle at N430.67/$1 compared with the previous day’s N428.88/$1, IgbereTV reports
Data from the FMDQ Securities Exchange indicated that forex demands at the I&E surged by 163.3 per cent or $98.41 million to $158.68 million from the previous day’s $60.27 million.
But at the P2P window, the local currency gained N18 or 2.6 per cent against the greenback to sell for N682/$1 in contrast to the previous day’s N700/41
