Naira Falls To Two-Month Low Of N1,545 Despite Rise In Forex Reserves

The naira has depreciated to a two-month low to trade at N1,545 per dollar at the parrel market segment of the Nigerian Foreign Exchange Market.

Trade figures from the Bureau de Change Operators in Lagos and Abuja showed that the currency fell 0.65 per cent or N10 from N1,535 traded on Monday to N1,545.