Naira continues to depreciate against US dollar despite CBN intervention

The Naira continued depreciation against the United States Dollar at the official foreign exchange market on Tuesday. Central Bank of Nigeria data showed that the Naira further dropped to N1,355.37 per dollar on Tuesday, down from N1,349.24 on Monday. This means that on a day-to-day basis, the Naira depreciated by N6.13 against the dollar. Meanwhile […] Naira continues to depreciate against US dollar despite CBN intervention