The Nigerian Naira maintained its position against the US dollar in the official Nigerian Foreign Exchange Market on August 11, 2026. It traded around ₦1,368 to the dollar, continuing a recent trend. The Central Bank of Nigeria’s reference rate remained stable, fluctuating between ₦1,360 and ₦1,370. This indicates a period of relative calm in the foreign exchange market. The Naira’s performance is being closely watched as Nigeria navigates economic pressures. This information was reported by Vanguard News. The rate suggests ongoing central bank intervention or market forces maintaining the current level.

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