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Posted by Thandiubani on Wed 18th Oct, 2023 - tori.ng

Also, the exchange rate at the official Nigerian Forex Market fell to the lowest ever point.

Naira has continued to tumble against the dollar at the parallel market.

According to Nairametrics, information gathered from select traders confirmed that naira is selling between N1,100-N1,110 to a dollar 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.

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