The naira crashed to an all-time low against the US dollar, at the official and parallel foreign exchange markets, worsening Nigeria’s foreign exchange crisis. Data from FMDQ showed that the naira depreciated from N1,574.62 per US dollar on Monday to N1,537.96 on Friday last week. This represents a N36.66 or 2.3 per cent loss compared … Continue reading Naira Hits Record Low Against US Dollar Despite CBN Efforts