Naira continued to suffer a serious beating in the unregulated foreign exchange markets, no thanks to supply disruption and bottlenecks getting from banks, IgbereTV reports
Data from the peer-to-peer (P2P) window on Wednesday, showed the Nigerian currency was exchanged with the greenback at N622/$1 compared with the previous day’s rate of N615/$1, indicating a depreciation of N7 or 1.14 per cent
At the black market, traders who spoke to reporters said Naira traded N605/$1 compared with the N603/$1 it was exchanged on Tuesday
