Exchange Rates

BREAKING: Official Exchange Rate Falls Massively To New Record Low, See New Exchange Rate

The intra-day high and low also hit N1,550 and N1,000 against the dollar as Nigeria continues to slide on the back of central bank reforms towards a free market exchange rate.

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Naira to Dollar Official Exchange Rate has fallen massively to a record low, See New Exchange Rate below.

 

NewsOnline Nigeria reports that the exchange rate between the naira and dollar closed at N1,534/$1 on the official NAFEM market on Monday, February 12th, 2024.

 

This is the weakest ever the naira has fallen against the dollar at closing on the official market.

 

ALSO: How Emefiele Approved $6.2m For International Election Observers – Witness

 

The intra-day high and low also hit N1,550 and N1,000 against the dollar as Nigeria continues to slide on the back of central bank reforms towards a free market exchange rate.

 

This is a developing story….

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