DAILY POST
The Naira appreciated at the close of work on Wednesday against the Dollar as it exchanged at N790/$1 at the official window.
This is according to FMDQ Wednesday’s forex trading report.
Wednesday’s rate of N790/$1 represented a N58 disparity from the N848/$1 traded on Tuesday.
However, DAILY POST reported that Naira had continued its free-fall at the parallel market, exchanging between N1060 and 1100 against a Dollar.
This indicates that the disparity between the official and parallel market is widening drastically, worsening the forex crisis.