{"id":285192,"date":"2025-11-11T11:47:09","date_gmt":"2025-11-11T11:47:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/285192\/"},"modified":"2025-11-11T11:47:09","modified_gmt":"2025-11-11T11:47:09","slug":"naira-depreciates-against-us-dollar-across-official-black-markets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/285192\/","title":{"rendered":"Naira depreciates against US dollar across official, black markets"},"content":{"rendered":"<p>The naira depreciated against the United States dollar at the official foreign and parallel exchange markets to begin the week on a negative note.<\/p>\n<p>The Central Bank of Nigeria\u2019s data showed that the Naira dropped on Monday to N1,437.29 against the dollar, down from N1,436.58 traded at the close of work on Friday.<\/p>\n<p>This showed that the Naira weakened on Monday by N0.71 against the dollar when compared to N1,436.58 exchanged last week.<\/p>\n<p>Similarly, the Naira also declined by N15 to N1,465 per dollar on Monday down from N1;450 lon Friday.<\/p>\n<p>The development comes despite the continued rise in Nigeria\u2019s external reserves, which stood at $43.35 billion as of November 7th, up from $43.32 recorded the previous day, according to CBN data.<\/p>\n<p>DAILY POST reports that the <a href=\"https:\/\/dailypost.ng\/2025\/11\/09\/naira-drops-n14-85-against-us-dollar-in-one-week\/\" rel=\"nofollow noopener\" target=\"_blank\">Naira closed with mixed sentiments last week<\/a> after US President Donald Trump\u2019s designation of Nigeria as a Country of Particular Concern.<\/p>\n","protected":false},"excerpt":{"rendered":"The naira depreciated against the United States dollar at the official foreign and parallel exchange markets to begin&hellip;\n","protected":false},"author":2,"featured_media":285193,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,19964],"class_list":{"0":"post-285192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-naira"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/285192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=285192"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/285192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/285193"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=285192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=285192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=285192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}