This online news platform understands that the naira has fallen against the United States dollar at the black market for the second time since the start of the second month of the year 2022, exchanging at N572/per $1, days after it maintained its position of N570 per dollar to naira.
Despite that the Nigerian Naira has fallen at the black market, it, however, showed strength at the official market, gaining more than N1 naira, from what it traded weeks after the CBN adjusted the dollar to the naira exchange rate.
The exchange rate between the Naira and the US dollar according to the data posted on the FMDQ Security Exchangewhere forex is officially traded showed that the naira opened at ₦415.42 per dollar, but later closed at ₦416.50 per $1 the same day, representing a change of 0.04%.
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