FG sells treasuries to keep naira liquidity tight

FG sells treasuries to keep naira liquidity tight

The Central Bank of Nigeria sold N98bn of treasury securities on Thursday to keep liquidity tight to support the currency, a day after it auctioned N133.25bn of T-bills, traders said. The local naira currency has been stable for more than two weeks, supported by central bank interventions, foreign inflows and tight liquidity on the money […]
Source: FG sells treasuries to keep naira liquidity tight

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