Naira rebounds to N1,369/$ as official FX turnover tops $1.06 billion

AI Summary

The Nigerian naira appreciated to 1,369 per US dollar at the official foreign exchange market on July 1, reversing prior losses with a gain of 7 naira against the dollar. The official foreign exchange turnover surpassed $1.06 billion.

The naira appreciated to N1,369/$ at the official foreign exchange market on July 1, 2026, reversing part of the losses recorded at the end of June as the local currency strengthened by N7 against the U.S. dollar. The post Naira rebounds to N1,369/$ as official FX turnover tops $1.06 billion appeared first on Nairametrics.