Dollar to Naira exchange rate today, October 7, 2026: Naira resumes depreciation against USD

The naira has resumed its depreciation against the dollar aft signaling a summation a time earlier astatine the authoritative overseas speech market.

Central Bank of Nigeria information connected Wednesday showed that the naira dropped to N1,331.77 per dollar from N1,330.87.

This means that, connected a day-to-day basis, the naira weakened by N0.90 against the dollar successful the authoritative overseas speech market.

Similarly, successful the parallel market, the naira stood astatine N1,383 against the dollar connected Wednesday, compared with N1,370 connected Monday, according to a Bureau de Change relation successful Wuse Zone 4, Abubakar Bengazzir.

The downward question of the naira against the dollar comes arsenic the country’s overseas reserves stood astatine $54.98318 cardinal connected October 6, unchanged from the erstwhile day.

DAILY POST reports that the naira declined against the dollar connected Monday but appreciated connected Tuesday.

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