Again, Naira falls abysmally low against U.S. dollar on Friday, currency experts say Naira to depreciate further in 2017 (See exchange rate)

THE Nigerian Naira again fell against all major currencies on Friday on the parallel market as scarcity of the greenback continues, DailyGlobeWatch reliably gathered.

Recall economic and currency experts predicted the Naira will depreciate further this year to hit above N500. 

The US dollar, our reporter gathered exchanged for as high as N497 as of Friday, January 13, 2017.

 However, the President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, told Reuters that he expected dollar supplies to the BDCs to resume next week.