The naira experienced a significant decline against the US dollar, weakening by N11.10 in the interbank foreign exchange market. This change occurred on Wednesday, September 9, with the naira closing at N1,334/$. The previous day's closing rate was N1,322.90/$.
The interbank FX turnover saw a substantial increase of 70% to $94.43 million.
Further information on this development can be found through Nairametrics.
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