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The naira continued its depreciation against the dollar astatine the authoritative overseas speech marketplace connected Tuesday.
Data from the Central Bank of Nigeria, CBN, showed that the naira weakened further to N1,350.86 per dollar connected Tuesday, compared with N1,349.34 recorded the erstwhile day.
This means that the naira depreciated by N1.52 connected a day-to-day ground astatine the authoritative overseas speech market.
Meanwhile, astatine the parallel market, the naira appreciated to N1,421 per dollar connected Tuesday from N1,425 traded connected Monday.
This comes arsenic the country's outer reserves extended their declining streak to $54.49 billion, according to CBN information arsenic of November 9, 2026.
DAILY POST reports that the CBN precocious scheduled November 23 and 24, 2026, for its 308th Monetary Policy Committee, MPC, gathering to determine connected involvement rates and different monetary argumentation issues.
Recall that the naira depreciated crossed the overseas speech markets connected Monday, starting the week connected a antagonistic note.
Exchange complaint today, November 10, 2026: Naira extends depreciation against USD
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