FMDQ Foreign Exchange Market Analysis Report for Week-Ended October 9, 2026

Please see commentary below on the Foreign Exchange (FX) market with data for the week-ended October 9, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member (Banks)/Authorised Dealers) and their clients for the weeks-ended October 2 and 9, 2026.

• In the FX Spot and Derivatives markets, the total turnover for the week-ended October 9, 2026, was $3,369.85 million, representing an increase of 98.58% ($1,672.88 million) from the $1,696.97million reported for the week-ended October 2, 2026. The week-on-week (WoW) increase in total turnover was jointly driven by the 98.37% ($1,605.66 million) increase in FX Spot transactions, which recorded a total value of $3,237.90 million compared to $1,632.24 million in the week-ended October 2, 2026, and the 103.85% (67.22 million) increase in FX Derivatives transactions (comprising FX Forward) for the week-ended October 9, 2026. (See Table 1)

Do You Need More Trending Updates? Then kindly bookmark our blog Realgosipcenter.com.ng, we will update you with more latest musics in mp3 audio format and video in mp4 formats as soon as they drop for quick downloads.