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.
Forex turnover at the I&E window increased substantially by 442% on Tuesday.
In contrast, the exchange rate at the parallel market gained on Wednesday as it closed at N477/$1.
Exchange rate strengthens after Sallah holiday fall
Exchange rate disparity between the parallel and black market remains as high as N85.75
The official exchange rate at NAFEX is closer to breaching the N30 ceiling.
The exchange rate at the I&E window is different from the CBN’s published exchange rate.
The naira was strengthened on Wednesday as it appreciated to N386.94 to a dollar at the Investors and Exporters (I&E) window, after ...
The naira made a rebound in the foreign exchange market as it gained against the dollar at the parallel market.
The naira was weakened on the first working day of the week as it depreciated to N387.33 to a dollar at the ...
The continuous rally of the local currency against the dollar can be attributed to the improved liquidity in the foreign ...
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