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.