The naira has continued to take a beating at the parallel market.
The naira traded at N1,415 on Thursday, Jan. 25, a 3.66 per cent decline from N1,365 traded on Tuesday, Jan. 23.
Bureau de Change (BDC) operators, put the buying rate of the greenback at N1,400 and the selling price at N1,415.
Meanwhile, on the official market, the naira depreciated by 0.41 per cent to N882.24 on Wednesday, Jan. 24, from N878.61 on Tuesday.
The development comes after Olayemi Cardoso, governor of the Central Bank of (CBN), said the naira is currently undervalued.
