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Dollar to Naira speech complaint today, June 18, 2026: Nigerian currency extends depreciation for 3rd consecutive time
The naira extended depreciation against the dollar connected Thursday astatine the authoritative overseas speech marketplace for the 3rd consecutive clip this week.
The Central Bank of Nigeria’s information showed that the Naira further slipped connected Thursday to
N1,363.30 against the dollar, down from N1,360.07 traded connected Wednesday.
This means that the Naira connected Thursday slumped by N3.23 against the dollar connected a day-to-day basis.
Meanwhile, astatine the achromatic market, the Naira remained level astatine N1400 per dollar connected Thursday, the aforesaid complaint exchanged connected Wednesday.
The improvement comes arsenic the country’s overseas reserves sustained a surge to $50.96 cardinal arsenic of June 17th, 2026.
Recall that but for Monday, the country’s exchange complaint had depreciated against the dollar astatine the authoritative overseas speech market.
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