The naira on Wednesday continued to depreciate at the
parallel market as it exchanged for N249 to a dollar. The News Agency of
Nigeria, NAN, reports that the naira lost N1 on Wednesday afternoon to close at
N249, as against its previous value of N248.
Traders at the parallel market affirmed that the challenges
at the Bureaux de Change, BDCs, continued to have its toll on the parallel
market.
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