Dollar crashes to 1,595 at black market

The naira gained further on Thursday as the dollar crashed to N1, 595 on the parallel market, popularly called black market.

This represents 0.94 percent (N15) gain over N1,610 quoted in the morning trading on the black market.

Against the rate exchanged on Wednesday, the naira gained 1.57 percent or N25 compared to N1,620 quoted on Wednesday on the black market.