National Wire About Nigerians, Nigerian Business and Other Stories
CBN pumps $100m into FX market
The Central Bank of Nigeria, CBN has pumped a total $380million within two days into the Foreign Exchange Market. And the effect: a further strengthening of the Naira. The first tranche of $280m was released on Tuesday, On Wednesday, the bank offered additional $100 million to authorised dealers to meet the 7 to 15-day forwards requests of customers. Okorafor attributed …
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