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The Naira continued to depreciate against the dollar astatine the authoritative overseas speech marketplace connected Wednesday.
The Central Bank of Nigeria’s information showed that the Naira further declined to N1,360.07 connected Wednesday against the dollar, down from
N1,357.18 traded connected Tuesday.
This means that connected a day-to-day basis, the Naira dropped by N2.89 per dollar astatine the authoritative overseas speech market.
Similarly, connected the achromatic market, the Naira fell by N5 to N1400 per dollar connected Wednesday from N1395 exchanged connected Tuesday.
The downward inclination crossed overseas speech markets comes arsenic the country’s outer reserves surged further to $50.89 cardinal connected Tuesday.
DAILY POST reports that the Naira appreciated connected Monday but dropped against the dollar connected Tuesday.
Dollar to Naira speech rate today, June 17, 2026: Nigerian currency continues depreciation
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