The Central Bank of Nigeria (CBN) on Tuesday continued its intervention in the inter-bank foreign exchange market with the injection of another $210 million.
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Naira Stable As CBN, NAFEX Pump $1.5bn, CNY 38.70m Into Forex MarketThe value of the naira last week remained stable across foreign exchange market as the Central Bank of Nigeria (CBN) and the Nigerian Autonomous Foreign Exchange (NAFEX) market pumped $1.549 billion and CNY 38.70 million into the foreign exchange market. Data obtained from NAFEX also known as the Investors and Exporters (I&E) window showed that […]
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CBN injects $289m, CNY38.70m into retail secondary Forex Market - Premium Times NigeriaThe dollar-denominated interventions are mainly for transactions in the agricultural and raw materials sectors.
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Forex: CBN injects $289.76m, CNY38.70m into economy – Daily TrustFollowing its maiden Monetary Policy Committee (MPC) meeting for 2019, the Central Bank of Nigeria (CBN), on Friday injected the sum of $289.76 million and 38.70 million Chinese Yuan (CNY) to boost the foreign market. The CBN Director of Corporate Communications, Isaac Okorafor, in a statement, said the dollar-denominated interventions were for transactions in the …
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