{"id":1390,"date":"2026-06-03T00:19:18","date_gmt":"2026-06-02T21:19:18","guid":{"rendered":"https:\/\/zalebs.com\/news\/naira-gains-in-official-fx-market-strengthens-to-1361-05-per-dollar\/"},"modified":"2026-06-03T00:19:18","modified_gmt":"2026-06-02T21:19:18","slug":"naira-gains-in-official-fx-market-strengthens-to-1361-05-per-dollar","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/naira-gains-in-official-fx-market-strengthens-to-1361-05-per-dollar\/","title":{"rendered":"Naira Gains in Official FX Market, Strengthens to 1,361.05 per Dollar"},"content":{"rendered":"<p>The Nigerian naira strengthened further versus the US dollar on Tuesday in the official foreign-exchange market. Figures from the Central Bank of Nigeria showed the currency rose to 1,361.05 naira per dollar on Tuesday, compared with 1,366.79 naira per dollar on Monday. On a day-to-day basis, that represents an appreciation of 5.74 naira at the official window.<\/p>\n<p>In the parallel market, however, the naira did not move: it stayed at 1,395 naira per dollar on Tuesday, matching the rate seen on Monday. The uptick in the official exchange rate coincided with an increase in Nigeria\u2019s foreign reserves, which climbed to 49.80 billion US dollars as of June 1, 2026. The latest improvement follows Monday\u2019s gain for the naira against the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian naira strengthened further versus the US dollar on Tuesday in the official foreign-exchange market. Figures from the Central Bank of Nigeria showed the currency rose to 1,361.05 naira per dollar on Tuesday, compared with 1,366.79 naira per dollar on Monday. On a day-to-day basis, that represents an appreciation of 5.74 naira at the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Naira Strengthens in FX Market as Dollar Rate Falls","_yoast_wpseo_metadesc":"Naira strengthens to 1,361.05 per dollar in Nigeria\u2019s official FX market as the dollar rate slips, while the parallel market holds","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1390","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Naira Strengthens in FX Market as Dollar Rate Falls<\/title>\n<meta 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