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	<title>Naira market &#8211; InfoStride News</title>
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		<title>Exchange Rate Soars: Hits N1040 on Parallel Market</title>
		<link>https://www.theinfostride.com/exchange-rate-soars-hits-n1040-on-parallel-market/</link>
					<comments>https://www.theinfostride.com/exchange-rate-soars-hits-n1040-on-parallel-market/#respond</comments>
		
		<dc:creator><![CDATA[Temitope Nlewemchi]]></dc:creator>
		<pubDate>Thu, 12 Oct 2023 22:40:53 +0000</pubDate>
				<category><![CDATA[Business Matters]]></category>
		<category><![CDATA[Dollar]]></category>
		<category><![CDATA[Exchange Rate]]></category>
		<category><![CDATA[Naira]]></category>
		<category><![CDATA[Naira market]]></category>
		<category><![CDATA[parallel market]]></category>
		<guid isPermaLink="false">https://www.theinfostride.com/?p=356884</guid>

					<description><![CDATA[<p>The exchange rate dynamics in Nigeria have witnessed a disconcerting trend in recent times, with the naira consistently losing ground against the US dollar. This depreciation has been exacerbated by the persistent disparity between the official and parallel markets. As of the latest reports obtained from InfoStride News, the exchange rate has plunged to N1,040 [...]</p>
<p>Source from <a rel="nofollow" href="https://www.theinfostride.com">InfoStride News</a></p>
]]></description>
		
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