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CBN Supplies $29.5 Million At FX Auction As Naira Depreciates At I&E Window. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Supplies $29.5 Million At FX Auction As Naira Depreciates At I&E Window. (382 Views)

Naira Falls To Record Low At I&E Window, Trades ₦‎993/$ / Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window / Naira Begins Recovery After Float, Closes At ₦‎664/$ At I&E Window (2) (3) (4)

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CBN Supplies $29.5 Million At FX Auction As Naira Depreciates At I&E Window. by stephendinks: 12:57pm On Jun 26, 2023
The Central Bank of Nigeria (CBN) injected approximately $29.5 million into the foreign exchange (FX) market during the recent auction held on Thursday, June 21, 2023. At the Investors and Exporters (I&E) window, nine banks participated, bidding between N765 and N755. However, despite the intervention, the naira experienced a 0.25% depreciation on Thursday, June 22, 2023, as the dollar was quoted at N765.13 compared to N763.17 the previous day, as per data from the FMDQ.

Reports indicate that First Bank,..........

https://ratecaptain.com/cbn-supplies-29-5-million-at-fx-auction-as-naira-depreciates-at-ie-window/

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Re: CBN Supplies $29.5 Million At FX Auction As Naira Depreciates At I&E Window. by Igwe9(m): 1:09pm On Jun 26, 2023
Wahala dey ooh
Re: CBN Supplies $29.5 Million At FX Auction As Naira Depreciates At I&E Window. by jmoore(m): 2:29pm On Jun 26, 2023
Is it for eba, agbado?
These clowns want to intervene with a paltry 29.5 million dollars.

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