The Naira in Nigerian Autonomous Foreign Exchange Market, NAFEM, Yesterday depreciated to N1,603.8 per dollar from N1,586.71 per dollar on Wednesday.
The current exchange rate indicates, N37.95 depreciation for the naira.
The volume of dollars traded (turnover) in the market fell by 23.3 percent to $131.09 million from $171.03 million traded on Wednesday.
Also, the Naira on Thursday depreciated to N1,580 per dollar in the parallel market from N1,575 per dollar on Wednesday.