Naira Falls to N581/$1 at the Parallel Market

Naira has fallen to a record low at the parallel market to trade for as high as N581.1 to a dollar.
This represents a 0.8% decline compared to N576.6/$1 recorded as of the end of the previous week, hitting a record low.
Meanwhile, exchange rate at the black market currently trades flat at $571/$ same as recorded in the previous trading session.