The naira fell further to the dollar on Wednesday after closing at 950/$ at the parallel market.
Bureau de Change operators who spoke to newsmen said that the naira which had earlier closed at 930/$ at the close of operations on Tuesday was bought and sold at 935/$ and 950/$ on Wednesday.
At the Investor & Exporter forex window, the naira closed at 758.12/$ on Wednesday, from 742.10 on Tuesday, according to figures obtained from the FMDQ, the official trading platform.
A BDC operator, Yusuf Kareem, who spoke to The PUNCH said, “We commenced trading at 930/$ in the morning and it closed at 950/$ in the evening. The naira has been scarce; we don’t know what is happening.”
Another BDC operator, Sanusi Ibrahim, said, “The naira was bought and sold at 935/$ and 950/$ today. We don’t know what will happen tomorrow.”
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The Association of Bureaux De Change Operators of Nigeria, recently, urged the Central Bank of Nigeria to grant Bureaux De Change operators digital autonomy to achieve exchange rate convergence.