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Naira crashes to N710 per dollar

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The Nigerian naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex.

Checks on Wednesday showed the current parallel market rate pegged at N710 to a dollar.

The national currency, which traded for N670 against the dollar on Monday, has fallen even further by 6.7 percent in two days as of Friday afternoon, according to data from Aboki Forex.

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