Naira fell further on Tuesday and traded at above N1,300/$ on the P2P market, an unofficial market actively traded by crypto traders, retail investors, and speculators.
Gatekeepers News reports that most traders on the parallel market confirmed that the naira is trading close to N1,300 in that segment of the market. On the Binance platform, the naira is currently quoted above N1,300/$.
While the official market is yet to close, details from the FMDQ OTC Securities Exchange revealed that the national currency closed trading at N838.95/$ on Monday.