Naira continues free fall, hits N815/$ at parallel market | TheCable

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The naira has continued its free fall in the parallel market, depreciating to N815 per dollar in Abuja on Monday.

Bureaux De Change operators in the Wuse area of Abuja, who spoke to TheCable, said the naira was falling rapidly against the greenback amid increased demand by Nigerians.some naira notes and willThe apex bank had explained that it took the decision to reduce excess cash in circulation and check counterfeiting.Meanwhile, currency traders in the Victoria Island area of Lagos quoted the naira at N805 to the dollar at the street market.

At the official market, the naira depreciated by 0.06 percent against the dollar to close at N444.75 on Friday, according to details on FMDQ OTC Securities Exchange — a platform that oversees official FX trading in Nigeria. An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N444.75.

It sold for as low as N438 to the dollar within the day’s trading. A total of $61.89 million was traded in foreign exchange at the official investors and exporters window window.

 

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If you still want to vote tinubu and APC , go ahead, we no go warn una again

It seems this Government is confused about this continuous fall if Naira to Dollar. The tentative solution to this menace is to Japa to where the Dollar is...

Isaac Newton law of motion

If you like let APC continue , you go buy am 1500 😎

Awon oloriburuku ijoba ofo

Waiting for 1000

Terrfying

It is not the same with all quarters, in some areas it is still 780

This is what APC used to campaign.

Pls, MBuhari should stop this Redesigning Policy now. Make the call before cenbank GodwinIEmefiele misstep kills the economy. The intended goals are insignificant, encumbered & negated by the Unintended Consequences. 815 Naira / 1$ 444.75 Naira / 1$ BadTiming

The planned target was to devalue the naira to N1,000 to a dollar before 2023.

very clear we don't have government

Jesus Christ And some Foolish People still think Thiefnubu is an Option

1k b4 the year runs out 🚀

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