Naira falls to N1,745/$ on parallel market

The exchange rate between the naira and dollar dropped to about N1,745/$1 on the parallel market on Wednesday, The PUNCH reports. This is a sharp reversal from the N1,600 levels recorded at the end of last week. While some P2P exchanges quoted N1,715/$, some International Money Transfer Operators checked quoted N1,745/$. Stock trading apps like

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