Naira returns to depreciation against dollar at official foreign exchange market
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5 Articles
Naira returns to depreciation against dollar at official foreign exchange market
The naira returned to depreciation against the dollar at the official foreign exchange and ended the week on a negative note. The Central Bank of Nigeria’s data showed that the naira weakened to N1,539.24 against the dollar on Friday from N1,536.08 traded on Thursday. This means that it dropped by N3.12 against the dollar on a day-to-day basis. The drop in the country’s currency on Friday comes as a swooping N13.18 gain against the dollar on Thu…
Naira Weakens Again at Official Foreign Exchange Market
The naira slipped back into depreciation territory against the dollar at the official foreign exchange window, closing the week with a decline. Figures released by the Central Bank of Nigeria revealed that the naira weakened to ₦1,539.24 per dollar on Friday, down from ₦1,536.08 on Thursday—a daily loss of ₦3.12. This latest dip followed Thursday’s notable surge, when the naira had clawed back ₦13.18 against the greenback at the official market.…
Naira Falls in Official Market, Closes at N1,539/$1 - Tech
The naira declined in the official market on Friday, closing at N1,539/$1, a drop from its previous close of N1,536/$1. Despite ending the week on a decline, the currency still recorded a notable appreciation from the opening rate of N1,549/$1 at the start of the week. This is a 0.52% week-on-week improvement from last Friday’s close of N1,547/$1. Throughout the week, the naira remained relatively stable, trading between N1,547/$1 and N1,549/$1,…
Dollar To Naira Black Market Rate Today – June 28, 2025
Dollar To Naira Black Market Rate Today – June 28, 2025. CBN rates remain lower, with a high of ₦1,547 per dollar. CBN urges Forex seekers to use official banks, not black market. The exchange rate between the dollar and naira at the black market, also known as the parallel market or Aboki FX, has […] The post Dollar To Naira Official/ Black Market Rate Today – June 28, 2025 appeared first on EkoHotBlog.
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