After hitting a 3-year low during the week, Naira stabilizes as traders wonder what next
The CBN still continues to warn against currency speculators who patronize the black market.
Tag: I&E window
Naira gains against the dollar across forex markets as liquidity hits record increase
At the black market, the naira appreciated marginally by N1 to a dollar to close at N461 to a dollar.
Naira recovers sharply at black market but falls at I&E forex window
Forex turnover at the Investor and Exporters (I&E) window on Wednesday, June 24, 2020, stayed relatively flat when compared to the day before. This ...
Naira falls big at the black market as demand pressure persists
Uncertainty of the market remains, particularly due to liquidity shortages across markets.
Naira expected to be under pressure until backlogs for FX payments are cleared
The foreign reserves stood at $36.33 billion droppings by $119.25 million, week on week.
Why Nigeria’s banking stocks performed well in May
Many portfolio investors were unable to move their money from the country due to FX limitations. So, they reinvested.
Naira gains N10 against $1 at parallel market, as forex turnover increases by 592%
The continuous rally of the local currency against the dollar can be attributed to the improved liquidity in the foreign ...
Naira appreciates at the I&E window, as CBN Governor promises more liquidity
CBN's Godwin Emefiele had recently advised businesses and individuals to stop patronizing operators in the parallel market because they heating ...
Naira strengthens against the dollar at I&E window, closes at N386 to $1
The local currency strengthened by N0.58 against the dollar, compared to the N386.58 to a dollar that it traded on ...
Naira weaker on lower oil prices, profit taking in the local debt market and others.
The Nigerian Naira has faced upside pressure since the start of the third-quarter as the Naira exchange rate to the ...
