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Forex Market gets $210m lift from CBN

Forex Market gets $210m lift from CBN In its desire to ensure liquidity in the foreign exchange market to meet customers’ requests in various segments of the market, the Central Bank of Nigeria (CBN) has again injected the sum of $210million into the inter-bank Foreign...

CBN Injects $210m Into Forex Market

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017, intervened in the inter-bank Foreign Exchange Market to the tune of $210,000,000. Figures obtained from the Bank reveal that...