Nigeria: I & E Forex Window Records U.S.$3.8 Billion Transactions

11 July 2017

The Central Bank of Nigeria (CBN) Investor and Exporters' (I & E) currency window for investors and exporters has traded around $3.83 billion since it was established with the naira trading more strongly on the black market.

The window, where buyers and sellers are free to agree on exchange rate, was introduced in April to try to attract foreign investors into the country and boost the supply of dollars.

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