Nigerian Interbank FX Market Opens With No Price Quotes After Central Bank Lifts - Politics - Nairaland
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| Nigerian Interbank FX Market Opens With No Price Quotes After Central Bank Lifts by tritt(m): 11:14am On Jun 20, 2016 |
LAGOS, June 20 (Reuters) - Nigeria floated the naira under a new hard foreign currency regime aimed at easing dollar shortages in Africa's biggest economy on Monday but there were no immediate trades, dealers said. A dealer said market players had been holding off bids since the new interbank market started at 9 a.m. as they were unsure of the new system's liquidity. Last week, the central bank said it would abandon a peg to the naira. http://af.reuters.com/article/nigeriaNews/idAFL8N19C11U?feedType=RSS&feedName=nigeriaNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAfricaNigeriaNews+%28News+%2F+Africa+%2F+Nigeria+News%29&rpc=401 |
| Re: Nigerian Interbank FX Market Opens With No Price Quotes After Central Bank Lifts by paschu: 12:15pm On Jun 20, 2016 |
Watching |
| Re: Nigerian Interbank FX Market Opens With No Price Quotes After Central Bank Lifts by muri4mig(m): 12:41pm On Jun 20, 2016 |
finger crossed! speculators are in trouble! |
| Re: Nigerian Interbank FX Market Opens With No Price Quotes After Central Bank Lifts by pacino26(m): 12:58pm On Jun 20, 2016 |
See drama. Initiating a policy they had no plans for. |
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