Parallel Market Dollar to Naira exchange rate has hit N1100.
Newsonline Nigeria reports that Parallel Market Dollar to Naira exchange rate fell to N1,100 on Wednesday morning according to traders who sell forex per inflow.
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This Nigeria news platform obtained the quotes this morning from selected traders who confirmed quotes between N1,100-N1,110 for inflow. Inflows are forex transactions sold or bought over the wires.
The exchange rate at the official Nigerian Forex Market fell to the lowest ever point of N848/$1 on Tuesday marking a turning point in Nigeria’s exchange rate crisis.
This is a developing story….
