I&E window: $78m FX deals recorded as naira closes at 770/$ | TheCable

The Nigerian naira closed at N770.38 to the dollar at the investors and exporters (I&E) window on Monday.

dollar at the investors and exporters window on Monday, beginning the week on a fragile front as the recent central bank reforms take effect on the market.represents a 16.1 percent depreciation from theFMDQ shows that investors traded about $78 million deals on the I&E window.

The currency is yet to gain stability following changes implemented by the federal government in Nigeria’s foreign exchange market.

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