ABUJA- The Nigerian naira hit a new record low of 532 to the dollar on the black market on Monday, with dollars hard to come by, traders said.

The naira has been hitting new lows on the parallel market since July following central bank actions to try to draw business into the official exchange channels.

(Reporting by Chijioke Ohuocha; Editing by Kevin Liffey) ((chijioke.ohuocha@thomsonreuters.com; +234 703 4180 621; Reuters Messaging: chijioke.ohuocha.thomsonreuters@reuters.net))