Naira Appreciates And Closes At 663/$ At I&E Window

The Nigerian naira has closed at N663 to the dollar at the Investors and Exporters (I&E) window after what has been the currency’s most eventful week in years.

The Naira on Friday, June 16, closed at N663 to the 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.