FOREX CRISIS: Naira Nears N1000/1$, Raises Concerns Amid CBN Probe

27 September 2022: See How Much Naira Exchanged Against Dollar

by Victor Ndubuisi
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At the Investors and Exporters window on Monday, the Naira slightly strengthened versus the dollar, exchanging at 436.

In comparison to the N436.33 for which the dollar was exchanged earlier on September 23, the rate represents an increase of 0.08 percent.

At the closure, the open indicative rate was N435.67 per $1.

24th September 2022: Black Market Rate For US Dollar To Naira Today

The highest rate recorded during Monday’s trading was N441 to the dollar; it eventually ended at N436.

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In Monday’s trading, the Naira was exchanged for as little as N423 to the dollar.

On Monday, transactions at the official Investors and Exporters window totaled 78.10 million dollars.

This comes following the Naira’s recent small loss against the dollar.

 

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