The Nigeria’s foreign exchange supply through the official window has increased to $15.2 billion in 2022, according to data from the Central Bank of Nigeria (CBN).
This represents a 17.7% increase from the $12.9 billion recorded in 2021 and a 46.4% increase from the $10.4 billion recorded in 2020.
The official window comprises the Wholesale Dutch Auction System (WDAS)/Retail Dutch Auction System (RDAS), the Interbank market, the Bureau De Change (BDC) market, and the Investors and Exporters (I&E) window, as well as the Small and Medium Enterprises (SME) and Invisibles segments.
