The Nigerian Naira has slipped further in the parallel market. On Wednesday afternoon, according to abokiFX, the Naira exchanged at N528 per dollar, down from the exchange rate of N526 per dollar.
The Naira is depreciating against other currencies too. Against the British Pound, the Naira exchanged for N717, and against the Euro, it exchanged at the rate of N616.
On Tuesday, the exchange rate was N716 and N613 against the Pound and Euro respectively.
Also, the Investors and Exporters NAFEX window is recording negative change on Wednesday.
Same Tuesday, the Naira closed at a negative 0.13 per cent against the dollar exchanging for N411.08 while on Tuesday it opened at N411.58, reflecting a negative change of 0.11 per cent.