A claim has been in circulation, saying the United States (US) has redesigned dollar notes and that the country will reject all ‘old’ notes from January 2023.
POLITICS NIGERIA reports that the claim also said that the US is issuing new dollar notes. However, checks by this newspaper on the official website of the US department of the treasury, reveals no such update.
Also, no credible online news medium reported on the purported dollar redesign.
This rumour is coming amidst the redesigning of the Nigerian Naira (N200, N500, and N1,000 notes) and the unfavourable Naira to Dollar exchange rate.
According to data published on FMDQ websites, where forex is officially traded, the naira closed at N445.50 per dollar on Friday with $94.07 million recorded as forex turnover against $166.88 million (46.63%) posted on Thursday.
The domestic currency hovered within an intraday range of N431.00 and N447.00 per dollar before settling at N445.50 $1 on Friday, the last business day of the week.
However, the local unit continued to fall at the parallel market on Friday due to soaring demands of the hard currency following the Central Bank of Nigeria (CBN’s) move to redesign Nigeria’s currency.
