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I&E forex window: Foreign investors increase dollar injection by 94% to $3.5bn

11/3/2019

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Dollar inflow from foreign investors through the Investors and Exporters (I&E) foreign exchange window rose by 94 percent in the first two months of the year. 
 
In a bid to take advantage of high interest rate on government securities (treasury bills and FGN bonds) and low share price    of companies    listed on the Nigerian Stock Exchange (NSE), foreign investors injected $3.5 billion through the I&E window from January to February. This represented 94 percent increase when compared with the $1.8 billion injected in the last three months of last year (fourth quarter of 2018, Q4’18)…
 
More details through: 
https://www.vanguardngr.com/2019/03/ie-forex-window-foreign-investors-increase-dollar-injection-by-94-to-3-5bn/
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