{"id":1840,"date":"2026-06-17T07:29:05","date_gmt":"2026-06-17T04:29:05","guid":{"rendered":"https:\/\/zalebs.com\/news\/naira-weakens-against-dollar-at-nigerias-official-fx-window-on-tuesday\/"},"modified":"2026-06-17T07:29:05","modified_gmt":"2026-06-17T04:29:05","slug":"naira-weakens-against-dollar-at-nigerias-official-fx-window-on-tuesday","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/naira-weakens-against-dollar-at-nigerias-official-fx-window-on-tuesday\/","title":{"rendered":"Naira Weakens Against Dollar at Nigeria\u2019s Official FX Window on Tuesday"},"content":{"rendered":"<p>The naira slid versus the US dollar at Nigeria\u2019s official foreign-exchange window on Tuesday, underscoring a split picture between formal and parallel currency markets as the country continues to draw support from its sizable external reserves.<\/p>\n<h2>Naira weakens at the official FX window<\/h2>\n<p>Central Bank of Nigeria figures showed that the naira weakened on Tuesday to <strong>N1,357.18<\/strong> per dollar at the official market. That compares with <strong>N1,356.27<\/strong>, the rate recorded on Monday, marking a day-to-day drop of <strong>N0.90<\/strong> against the dollar.<\/p>\n<h2>Parallel market holds steady<\/h2>\n<p>In the black market, the naira was unchanged on Tuesday at <strong>N1,395<\/strong> per dollar, the same level as the previous day. The contrast between the official decline and the parallel market stability points to mixed sentiment among traders.<\/p>\n<h2>Reserves backdrop and what happened at the start of the week<\/h2>\n<p>The mixed signals arrive as Nigeria\u2019s external reserves stood at <strong>$50.81 billion<\/strong> as of <strong>June 15, 2026<\/strong>. They also follow a positive start to the week: the local currency strengthened against the dollar on Monday at the official foreign-exchange market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The naira slid versus the US dollar at Nigeria\u2019s official foreign-exchange window on Tuesday, underscoring a split picture between formal and parallel currency markets as the country continues to draw support from its sizable external reserves. Naira weakens at the official FX window Central Bank of Nigeria figures showed that the naira weakened on Tuesday [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Naira Slides vs Dollar at Nigeria\u2019s Official FX Window","_yoast_wpseo_metadesc":"Naira weakens to around N1,357 per dollar at Nigeria\u2019s official FX window, highlighting pressure in formal markets amid steady ext","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1840","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 Slides vs Dollar at Nigeria\u2019s 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