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FX window

Foreign exchange adjusted to N380/$ at I&E FX window

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Following the effects of the COVID-19 outbreak on the global economy, leading to a sharp drop in oil prices, the Investor/Exporter  (I&E) FX window has been allowed to reflect market realities, as the nation’s currency, Naira, now stabled at N380 per US Dollar. This development, however, indicated that the local currency has been technically depreciated […]

Investors’ FX window declares $1.9bn turnover in one week

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.Records transactions worth $655.7m in a day, highest in 2018 . As CBN boosts FX market with fresh $514.4m Achievements recorded in the Nigeria’s foreign exchange market over the time has been consistently linked to the continuous high turnover at the Investors and Exporters (I&E) FX window, just as it declared a whopping total transactions […]