What Would Be Dollar To Naira Rate From Now Till 31st?
The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex.
The report on Wednesday showed the current parallel market rate pegged at N710 to a dollar.
The national currency, which traded for N670 against the dollar on Monday, has fallen even further by 6.7 percent in two days as of Friday afternoon, according to data from Aboki Forex.
Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.
With the look of things, dollar is heading to 1000/$ soon.