Naira Falls To N1,629/$ Despite $668m CBN Intervention
The naira yesterday depreciated to ₦1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM) despite an intervention of $688.8 million by the Central Bank of Nigeria (CBN). Data published by the apex bank showed that the indicative exchange rate for the naira rose to N1,629 per dollar from N1,600…