Business
See Latest Exchange Rate As Naira Depreciates Against Dollar
Naira has exchanged for N760/$1 at the black market on Wednesday, 26th October 2022.
According to Nairametrics, this represents an 0.66% depreciation from N755/$1 recorded on Tuesday.
This is according to information from black market traders.
See Latest Exchange Rate As Naira Depreciates Against Dollar
However, the exchange rate between the naira and the US dollar at the I&E official window fell slightly by 0.07% to close at N441.67/$1 on Tuesday, 25th October 2022, when compared to N441.38/$1 recorded in the previous trading session.
Meanwhile, the FX turnover at the I&E window appreciated marginally by 101.19% to $79.41 million on Tuesday when compared to $39.47 million that was traded on Monday.
Also, Nigeria’s external reserve stood at $37.56 billion as of 24th October 2022, representing a decline of 0.24% in contrast to $37.65 billion recorded the previous day.
BY IYABO AINA
Publisher Of News Rain Nigeria
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