Topic: CBN Intervenes with $100m in Forex Market  (Read 1235 times)

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CBN Intervenes with $100m in Forex Market
« on: April 20, 2017, 01:02:11 pm »
CBN Intervenes with $100m in Forex Market

Obinna Chima On the heels of its injection of $280 million into the foreign exchange Market on Tuesday, the Central Bank of Nigeria (CBN) wednesday carried out another spot wholesale intervention in the interbank forex market by offering $100 million to authorised dealers to meet the seven to 15-day forwards requests of customers. Owing to […]
Source: CBN Intervenes with $100m in Forex Market

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post culled from thisdaylive

 

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