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.
Last updated: Just Now
See All Latest Nigerian Music Right Now!!!
Share On:
Top 10 Hottest Songs
Music Qing Madi – Scumbag
Music Iyanya – Sorry ft. Fido
Music Mercy Chinwo – I Depend on You
Music Mercy Chinwo – Heaven and Earth Adore You
Music Mercy Chinwo – You No Let Them
Music Mercy Chinwo – None Like You ft. MOGmusic
Music Mercy Chinwo – All Powerful and Sovereign
Music Mercy Chinwo – You Are My God
Music Bien – All My Enemies Are Suffering (Remix) ft. Phyno
Music Rybeena – Adunni ft. Joeboy