{"id":35850,"date":"2025-08-21T08:16:00","date_gmt":"2025-08-21T07:16:00","guid":{"rendered":"https:\/\/naijaeyesblog.com\/?p=35850"},"modified":"2025-08-21T08:16:00","modified_gmt":"2025-08-21T07:16:00","slug":"naira-plunges-again","status":"publish","type":"post","link":"https:\/\/naijaeyesblog.com\/ro\/naira-plunges-again\/","title":{"rendered":"Naira Plunges Again: Three Straight Losses Against US Dollar Raise Economic Concerns"},"content":{"rendered":"
The Naira<\/a> on Wednesday posted its third straight decline against the US dollar at the official foreign exchange market, even as Nigeria\u2019s external reserves climbed to $41 billion.<\/strong><\/h5>\n
\"\"
Nigerian currency<\/figcaption><\/figure>\n

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According to data from the Central Bank of Nigeria (CBN),<\/a> the Naira slipped further to N1,536.73 per dollar, compared to N1,534.93 traded on Tuesday.<\/p>\n

This reflects a day-to-day depreciation of N1.80, marking a continued weakening of the local currency despite improved reserve figures.<\/p>\n

Recall that this is the third time the Naira has declined against the dollar\u00a0this week since Monday, 18 August 2025.<\/p>\n

Meanwhile at the black market, the Naira remained unchanged at N1,550 per dollar on Wednesday, the same exchange rate recorded on Tuesday.<\/p>\n

\"In<\/p>\n

\u201cWe buy at N1,540 per dollar and sell at N1,550,\u201d<\/em> a Bureau de Change operator in Wuse Zone 2, Abubakar Alhasan, said on Wednesday.<\/p>\n

This comes as Nigeria\u2019s external reserves increased to $41 billion as of Tuesday, August 19, 2025, up from $40.96 billion on Monday.<\/p>\n

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The Naira on Wednesday posted its third straight decline against the US dollar at the official foreign exchange market, even as Nigeria\u2019s external reserves climbed to $41 billion. Join our WhatsApp community According to data from the Central Bank of Nigeria (CBN), the Naira slipped further to N1,536.73 per dollar, compared to N1,534.93 traded on […]<\/p>\n","protected":false},"author":8,"featured_media":35851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-35850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"blocksy_meta":[],"yoast_head":"\nNaira Plunges Again: Three Straight Losses Against US Dollar Raise Economic Concerns - NaijaEyes Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/naijaeyesblog.com\/ro\/naira-plunges-again\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira Plunges Again: Three Straight Losses Against US Dollar Raise Economic Concerns - NaijaEyes Blog\" \/>\n<meta property=\"og:description\" content=\"The Naira on Wednesday posted its third straight decline against the US dollar at the official foreign exchange market, even as Nigeria\u2019s external reserves climbed to $41 billion. 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