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Exchange rate weakens further to N1621/$1 in parallel market

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The naira continued its downward slide in the parallel market on Thursday, exchanging at N1,621/$1, a depreciation from N1,580/$1 recorded just a day earlier on Wednesday.  Checks by Nairametrics at the Wuse Zone 4, Abuja confirmed the price movement as traders cited rising demand pressures amid limited dollar supply.  This represents a N41 decline in […]

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