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 Bahd Man Niko – Life Is A Vibe ft. Wizard Chan
Nigerian / African Music ASAPtheDJ – Liquor ft. BoyPee, Hyce, Brown Joel
Nigerian / African Music Odumodublvck – They Love Me
Nigerian / African Music Phyno – Uzo Ano ft. Flavour
Nigerian / African Music Illbliss – Kpowai
Nigerian / African Music Wande Coal – Dearly ft. Qing Madi
Nigerian / African Music Johnny Drille – Last Forever
Nigerian / African Music Lyta – Ghetto Love ft. DJ Orla
Nigerian / African Music Iyanya – Work
Nigerian / African Music Smallgod – Fire ft. Sarkodie, Joshua Baraka