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The Naira depreciated connected Tuesday against the dollar astatine the authoritative and parallel overseas speech markets.
The Central Bank of Nigeria’s information showed that the Naira fell to N1,375.75 per dollar connected Tuesday, down from N1,368.27 exchanged connected Monday.
This means that connected a day-to-day ground the naira depreciated by N7.48 against the dollar.
Also astatine the achromatic market, the Naira declined further to N1415 per dollar connected Tuesday, from N1410 traded the erstwhile day.
Meanwhile, the country’s overseas reserves surged further to $51.58 cardinal connected July 6, 2026.
Recall that the Naira appreciated against the dollar successful the authoritative marketplace but mislaid it successful the achromatic marketplace connected Monday.
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