Business
Naira falls to lowest ever per dollar
Naira hits N1,040 per dollar in parallel market
The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market.
The ongoing trend of demand surpassing supply seems to be a contributing factor.
Forex traders report inflow quotes ranging from N1,035 to N1,045 per dollar, indicating heightened scarcity, Nairametrics reports Wednesday night.
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