Naira value appreciates at the newly introduced I&E window

Business

Nigeria’s currency, the Naira has on Friday, June 16, closed at N663 to the United States dollar at the Investors and Exporters (I&E) window.

This has been considered a big gain as the Naira closed at N702 to a dollar on Thursday, June 15.

The CBN has already ditched its previous official rate of N463 to a dollar. N589/$ is now being quoted on the apex bank’s website.

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