After three days of respite, the Naira depreciated on Tuesday against the US dollar at the foreign exchange market despite the Central Bank of Nigeria’s recent interventions. Data from FMDQ showed that the Naira depreciated to N1,433.89 per US dollar on Tuesday from N1,419.86 on Monday. This represents a 0.98 per cent or 14.03 depreciation compared to N1,419.86 recorded at the close of trading on Monday. Meanwhile, the Naira recorded a gain at the parallel market, which traded at 1,410 per US on Tuesday, the same rate it traded on Monday. The Naira recorded a significant gain against the US Do…