foreign exchange

Expert commends CBN’s forex intervention

Exactly two years after the Central Bank of Nigeria introduced the Investors and Exporters Window; experts say it has helped to improve foreign exchange liquidity, with about $50 billion dollars cumulative transactions…
6 years ago

Naira gains in parallel market

Nigeria's foreign exchange market has continued on a path of rates convergence as the naira is currently trading at around three-hundred and sixty-five to the dollar.…
7 years ago

Nigeria defends FX policy

Following criticism for pegging the naira at an artificially strong rate to the dollar despite heavy inflationary pressure, the Central Bank of Nigeria has called those opposing the current foreign exchange framework,…
8 years ago
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