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The naira recorded important appreciation against the dollar astatine the authoritative overseas speech market, opening the week connected a affirmative note.
Central Bank of Nigeria information showed that the naira strengthened to N1,360.14 per dollar connected Monday, up from N1,365.69 traded connected Friday past week.
This means that astatine the authoritative market, the naira firmed up by N5.55 against the dollar.
Meanwhile, astatine the achromatic market, the naira remained level astatine N1,430 per dollar connected Monday, the aforesaid complaint recorded astatine the adjacent of the week past week.
The apex bank’s information arsenic of August 7, 2026, showed that the country’s overseas reserves stood astatine $52.06 billion.
Recall that connected Friday past week, the naira dropped against the dollar crossed overseas speech markets to extremity the week connected a antagonistic note.
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