
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
Nigerian / African Music Crayon – Ball
Nigerian / African Music Bella Shmurda – Ara (600M) ft. Olamide
Nigerian / African Music Ayo Maff – Attack
Nigerian / African Music Zinoleesky – Nostalgia
Nigerian / African Music Tekno – Bamboo
Nigerian / African Music Orezi – W’s
Nigerian / African Music OlaDips – Anxiety ft. Skillful Onair
Nigerian / African Music Tiimie – Fish Pond ft. Niphkeys
Nigerian / African Music Dre Ice – Echi
Nigerian / African Music Deejay J Masta – Mmili (Remix) ft. Highstarlavista, Rord Kelly