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The Naira continued its three-day depreciation against the United States dollar astatine the authoritative overseas speech market, ending the week connected a antagonistic note.
Central Bank of Nigeria information showed that the Naira weakened further to N1,365.69 against the dollar connected Friday, down from N1,364.88 exchanged connected Thursday.
This means that, connected a day-to-day basis, the Nigerian currency dropped by N0.81 per dollar.
At the achromatic market, the Naira remained unchanged astatine N1,430 per dollar connected Friday, the aforesaid complaint recorded connected Thursday.
Meanwhile, astatine the overseas speech market, the country’s outer reserves appreciated to $52.03 cardinal connected Thursday, August 6, 2026.
The improvement comes arsenic the Naira recorded much depreciation than gains successful the week nether review.
DAILY POST reports that the Naira depreciated by N2.53 and N5 against the dollar connected a week-on-week ground astatine the authoritative and parallel overseas speech markets, respectively.
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