Naira Hits Record Low Of N1348.63/$ In Official Market, Parallel Rate At N1450/$
This record fall, reported on Monday, represents a significant 51.21% drop from the closing rate of N891.90/$ last Friday in the official market, as per data from the FMDQ Securities Exchange. This rate marks the worst official exchange the country has seen since the Central Bank of Nigeria (CBN) floated the national currency in June