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Dollar to Naira exchange rate update – October 27, 2026
VIA VANGUARD:
The naira showed subtle movement against the dollar on Tuesday, October 27, 2026, with importers and businesses keeping demand pressure steady across all segments.
| Market | Rate (₦/$) |
|---|---|
| Official (NFEM) opening | 1,339.93 |
| Parallel – buying | ~1,370 |
| Parallel – selling | 1,380–1,385 |
The official rate has hovered between N1,330 and N1,360 in recent sessions, while operators in Lagos and Abuja quote wider spreads on immediate liquidity needs.
Market participants say liquidity still depends on foreign capital inflows and central bank intervention, though reserves hold above $55 billion.
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