Sunday 26 January 2020
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vanguardngr - 1 month ago

Over $60bn traded in I E forex window ― Emefiele

Urges banks to tackle constraints to digital finance
By Babajide Komolafe Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele yesterday said that over $60 billion has been traded in the Investors and Exporters (I E) window segment of the foreign exchange market since it’s inception in April  2017. Emefiele disclosed this in his opening address at the 2019 annual Bankers Committee retreat in Ogere, Ogun State. Highlighting the impact of the policy measures which facilitated the nation’s recovery from economic recession,  Emefiele said: “The impact of a tighter monetary policy regime, attractive yields in the money market, and our efforts at supporting domestic productivity in the agriculture and manufacturing s along with improvements in oil production, have supported continued foreign exchange inflows into the Nigerian market. Continue reading Over $60bn traded in I E forex window ― Emefiele at Vanguard News.

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