Naira Closes At 365 Despite CBN Dollar Sales - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Naira Closes At 365 Despite CBN Dollar Sales (386 Views)
Naira Rises To N389/$ As Banks Buy 29% Of Cbn’s Dollar Offer / Naira Shortage Forces Banks To Boycott CBN Dollar Sale / Naira Strengthens To N435/$ On CBN Dollar Glut (2) (3) (4)
(1) (Reply)
| Naira Closes At 365 Despite CBN Dollar Sales by Maol(m): 1:16am On Aug 01, 2017 |
The naira closed at 365 against the United States dollar at the parallel market segment of the foreign exchange market on Monday, down from 364/dollar it closed on Friday. This was despite the sales of $462m and $195m in the interbank forex market by the Central Bank of Nigeria on Friday and Monday, respectively. In line with its commitment to sustain and deepen flexibility in the forex market to further enhance forex flow in the economy, the CBN sold the total sum of $462,336,426.74. A breakdown showed that the Retail Secondary Market Intervention Sales received the largest allocation of $267.3m Read more: http://www.certifiednaija.com/2017/08/naira-closes-at-365-despite-cbn-dollar.html Cc: Lalasticlala Ishilove
|
| Re: Naira Closes At 365 Despite CBN Dollar Sales by Benjom(m): 5:30am On Aug 01, 2017 |
Naira should be tried for treasonable felony for refusing to appreciate even with all the life support it's getting.  |
(1) (Reply)
Document Management - Transiting From Paper To Digital Information Management / Need A Website For Your Business? Let's Build One For You / Discover These Ten Quotes To Help You Say I Love You
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |