{"id":2891,"date":"2026-07-09T19:56:56","date_gmt":"2026-07-09T16:56:56","guid":{"rendered":"https:\/\/zalebs.com\/news\/naira-falls-again-vs-dollar-as-official-and-parallel-rates-slip-further\/"},"modified":"2026-07-09T19:56:56","modified_gmt":"2026-07-09T16:56:56","slug":"naira-falls-again-vs-dollar-as-official-and-parallel-rates-slip-further","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/naira-falls-again-vs-dollar-as-official-and-parallel-rates-slip-further\/","title":{"rendered":"Naira Falls Again vs Dollar as Official and Parallel Rates Slip Further"},"content":{"rendered":"<p>The naira weakened on Tuesday versus the US dollar in both the official and parallel foreign-exchange markets, extending a mixed trend seen the previous day. Central Bank of Nigeria figures showed the currency slipping to 1,375.75 naira per dollar on Tuesday, compared with 1,368.27 naira per dollar on Monday. On a day-to-day basis, that equated to a depreciation of 7.48 naira against the dollar.<\/p>\n<p>In the informal \u201cblack market,\u201d the naira also moved lower, dropping to 1,415 naira per dollar on Tuesday from 1,410 traded on Monday. At the same time, Nigeria\u2019s external buffers rose further: foreign reserves climbed to 51.58 billion US dollars as of July 6, 2026. Taken together, the data point to continued pressure on the exchange rate in unofficial trading even as reserves strengthen, and they follow Monday\u2019s pattern in which the naira strengthened in the official market but weakened in the black market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The naira weakened on Tuesday versus the US dollar in both the official and parallel foreign-exchange markets, extending a mixed trend seen the previous day. Central Bank of Nigeria figures showed the currency slipping to 1,375.75 naira per dollar on Tuesday, compared with 1,368.27 naira per dollar on Monday. On a day-to-day basis, that equated [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Naira Slides Further vs Dollar as FX Rates Drop","_yoast_wpseo_metadesc":"Naira slips again against the dollar as both official and parallel FX rates fall, deepening pressure on Nigeria\u2019s currency and tra","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2891","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 Further vs Dollar as FX Rates Drop<\/title>\n<meta name=\"description\" content=\"Naira slips again against the 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