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Tag: Investor and Exporters window

Central Bank of Nigeria, Foreign exchange market, Naira vs dollas, IMF, Foreign Reserves, External reserves, CBN, Why do we all love the dollar?

Exchange rate remains stable at forex markets, interest rate cut could further weaken naira

by Chike Olisah

September 28, 2020

The Naira remained stable against the dollar at the Investors and Exporters (I&E) window on Friday.

Naira, Exchange rate falls across forex markets as dollar liquidity remains low

Exchange rate falls across forex markets as dollar liquidity remains low

by Chike Olisah

The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Tuesday.

Forex, Nafex, parallel market, exchange rate, Naira, Dollar

Naira falls to N475/$1, another new low as exchange rate disparity widens

by Chike Olisah

The parallel market exchange rate crashed to a new low.

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira depreciates for third consecutive day at I&E window

by Chike Olisah

Forex turnover dropped by 63.7% while the exchange rate depreciated for a third consecutive trading day.

Foreign exchange market, Nigeria’s fixed income & money market update ending 13th March, 2020, Why the s, CBNtrong dollar is giving Nigeria headache, Nigerian banks broadly positive after Naira devaluation, Exchange rate sustains gain at NAFEX window as CBN orders BDCs to sell at N386/$1

Naira gains at the NAFEX window as market liquidity improves

by Chike Olisah

Naira appreciated against the dollar at the Investors and Exporters (I&E) window on Monday.

No let off as Naira depreciates further in FX market, Naira depreciates at Investors & exporters window, forex turnover up by over 117%, Naira drops to N462, as currency liquidity stays thin at the black market

Naira falls big at the black market as demand pressure persists

by Chike Olisah

Uncertainty of the market remains, particularly due to liquidity shortages across markets. 

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