‎The naira held regular towards the US greenback on the parallel market on Wednesday, June 4, underscoring continued volatility in Nigeria’s overseas trade panorama.

‎Foreign money merchants in Abuja instructed Financial Confidential that the naira exchanged at ₦1,605/$1 for getting and ₦1,612/$1 for promoting—unchanged from Tuesday’s closing charges.

‎In distinction, on the official trade window, the native forex noticed a slight depreciation, closing at ₦1,583/$1 on Wednesday in comparison with ₦1,579/$1 the day prior to this, in line with historic buying and selling information.

‎The persistent disparity between official and parallel market charges continues to replicate underlying pressures in Nigeria’s foreign exchange market, pushed by greenback shortage and speculative buying and selling.