Naira Falls to N1,656 per Dollar in NAFEM

The Nigerian currency, the Naira, has continued to depreciate, hitting N1,656.49 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). This is a significant drop compared to the previous week’s exchange rate, signaling ongoing pressure on the Naira.According to data from FMDQ, the exchange rate for the Naira in NAFEM rose to N1,656.49 per […]