Everyone is losing faith with CBN’s NAFEX window
There is clear evidence that Nigerians have lost faith in the fx market
Tag: NAFEX window
Naira gains at forex markets as external reserves increase by $533 million in 4 days
Tuesday, 31st August 2021: The exchange rate between the naira and the US dollar closed at N411.08/$1 at the Investors and ...
Naira gains at NAFEX window as dollar supply improves by 305%
The exchange rate between the naira and the US dollar closed at N410.5/$1 on Wednesday, as dollar supply spiked by ...
Exchange rate falls at NAFEX window, as dollar supply drops further
The exchange rate between the naira and the US Dollar depreciated by 0.08% to close at N410/$1 on Friday.
Naira falls at NAFEX window as external reserves rises to highest level since July 2020
Nigeria's external reserves rose to the highest level since July 2020
Naira gains at black market as CBN moves against prominent businessmen for forex abuse
The Naira appreciated against the dollar to close at N462/$1 on Thursday.
Exchange rate stabilizes across forex markets as BDC window gets fresh dollar supply
At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N460/$1 on Tuesday.
Naira falls to N460/$1 as CBN intervention fails to contain speculation
The naira depreciated at the parallel market despite the third round of forex allocation to BDCs.
Exchange rate sustains gain at NAFEX window as CBN orders BDCs to sell at N386/$1
The sales of forex to BDCs will inject more liquidity to the retail end of the foreign exchange market.
Exchange rate stabilizes across forex markets as CBN moves against abuse by dealers
Forex turnover at the I&E window increased substantially by 442% on Tuesday.
