/> Naira Falls To N460 Per Dollar In Black Market | Welcome to praizeblog

Today, the naira plunged further to a
new record low on Wednesday, down
1.76% against the dollar on the
parallel market as dollar supplies dry
up. It fell to 460 to the dollar on the
black market, down from 452 at the
close of trading yesterday .
Though the naira closed at 305.50 to
the dollar on the official interbank
market against 305 a dollar, yesterday, traders said dollar liquidity remains a major challenge in the market.

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