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FX Market
The naira closed at N1,353.9741 per US dollar in Nigeria’s foreign exchange market on Friday, appreciating from the previous quote of N1,355.8855 as international payment pressures eased.
The naira depreciated strongly against the US dollar in the Nigerian foreign exchange market (NFEM) on Wednesday as pressure on the local currency deepened.
The official exchange rate weakened to near N1,351 as the Naira continued to face selloffs, driven by rising demand for international payments, settlements of offshore liabilities, and offshore repatriations.
South African Rand Softens Versus Crosses, Trades at 4-Week Low The South African Rand (ZAR)…
The naira posted a slight gain against the US dollar in the foreign exchange market on Tuesday, amid a lack of international payment pressure on FX liquidity at the official window.
The Nigerian naira slid against Western currencies as foreign exchange market data…
The naira weakened to N1,330.0965 at the official window from N1329.1600 as demand for the US dollar
South Africa’s rand weakened against currencies including the US dollar…
The Nigerian naira gained N3.7796 in September 2026, with the official exchange rate closing at N1,329.1600 per US dollar from N1,332.9396 at the end of August.