Naira To Dollar In Parallel Market Rate Today 12th October 2023 √√ The Scoper Media

The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market.

The ongoing trend of demand surpassing supply seems to be a contributing factor. Forex traders report inflow quotes ranging from N1,035 to N1,045 per dollar, indicating heightened scarcity, Nairametrics reports Wednesday night.

Despite this, the official trade rate remains at N776.8/$1, highlighting a notable disparity between the experiences of Nigerians in official and unofficial channels.

 

PUNCH

For Advertisement, Event Coverage, Public Relations, Story/Article Publication, and other Media Services, kindly send an email to: thescopermedia58@gmail.com.
More importantly, to stay updated with the latest news, health updates, happenings, and interesting stories, visit thescopermedia.com

Leave a Reply

Your email address will not be published. Required fields are marked *