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The naira extended its appreciation against the dollar astatine the authoritative overseas speech marketplace connected Friday, ending the week connected a affirmative note.
Central Bank of Nigeria information showed that the naira further gained against the dollar connected Friday, trading astatine N1,346.49 compared with N1,347.63 recorded connected Thursday.
This means that, connected a day-to-day basis, the naira strengthened marginally by N1.14 against the dollar.
Meanwhile, astatine the achromatic market, the naira remained level astatine N1,405 against the dollar connected Friday, the aforesaid complaint recorded the erstwhile day.
This comes arsenic the country’s overseas reserves stood astatine $52.66 cardinal arsenic of August 19, 2026.
Recall that, successful the week nether review, the naira recorded much gains, with a azygous nonaccomplishment connected Wednesday.
Dollar to Naira speech complaint today, August 20, 2026: Nigerian naira returns to appreciation against US currency
On a week-on-week basis, the naira recorded an N11.12 summation against the dollar astatine the authoritative overseas speech market.
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