The naira has exchanged N730/$1 at the black market, on Wednesday, 12th October 2022.
This is according to information from black market traders who spoke to Nairametrics.
The exchange rate between the naira and the US dollar at the I&E official window closed at N441.17/$1 on Tuesday, 11th October 2022, following the public holiday held on Monday, in which there was no trading activity
Meanwhile, a total of $73.66 million in forex was traded on Tuesday, 11th October 2022, with no trading activity at the official market on Monday, due to the public holiday declared by the federal government in commemoration of Id el Maulud celebration.