The official and parallel market rates have converged days after the Central Bank of Nigeria released a new foreign exchange policy aimed at unifying the exchange rate windows.
The Naira closed at N756 to the dollar at the investors and exporters (I&E) window on Tuesday, June 20. The closing rate represents a 1.8 percent appreciation from the N770 recorded on Monday, June 19.
The Naira had traded at a record high of N791 before recovering to close at N663 hours after the CBN collapsed all FX windows into the I&E window last week.
Discover more from NaijaWide
Subscribe to get the latest posts sent to your email.
Last updated: Just Now
See All Latest Nigerian Music Right Now!!!
Share On:
Top 10 Hottest Songs
Music Kidd Carder – Calculate II ft. Young Jonn
Music KCee – Eburuje
Music Kaestyle – Accelerate
Music Mr Eazi – Casanova
Music taves – 6ways
Music taves – Way2Yung
Music Rudeboy – Under Pressure
Music Blaqbonez – Everlasting
Music Odumodublvck – 2:02PM IN LONDON (FREESTYLE)
Music oSHAMO – Eleganza