The naira, on Thursday, appreciated to N997 to a dollar in the parallel market from N1,000 on Wednesday.
However, the naira depreciated in the Investors and Exporters, I&E, window to N775.2 per dollar.
Data from FMDQ showed that the indicative exchange rate for the I&E window rose to N775.2 per dollar from N756.21 per dollar on Wednesday, indicating N18.99 depreciation for the naira.
Consequently, the gap between the official and parallel market exchange rates narrowed to N221.8 per dollar yesterday from N243.79 per dollar on Wednesday
The Conclave
