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,
.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 […]