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CBN Intervenes With Fresh $210m - Business - Nairaland

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Central Bank Of Nigeria Injects $210m In Forex Market / CBN Injects Fresh $210m In Forex Market / Naira Gains As CBN Injects $210m Into FX Market (2) (3) (4)

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CBN Intervenes With Fresh $210m by Nwaforj44: 6:31am On Oct 04, 2018
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the interbank foreign exchange market.

Figures obtained from the CBN indicated that authorised dealers in the wholesale segment of the market were offered the sum of $100million, while the Small and Medium Enterprises (SMEs) segment received the sum of $55 million.

Similarly, customers requiring foreign exchange for invisibles such as tuition fees, medical payments and Basic Travel Allowance (BTA), among others, were also allocated the sum of $55 million.

While confirming the figures, the Bank’s Director, Corporate Communications Department, Mr. Isaac Okorafor reiterated the CBN’s commitment to continue to boost interbank foreign exchange market to ensure liquidity in the market and sustain stability in the market.

The Bank had last Friday injected the sum of $210 million into the interbank market.

Meanwhile, the naira exchanged at an average of N361/$1 in the BDC segment of the market.


Re: CBN Intervenes With Fresh $210m by RevenGeMission: 6:34am On Oct 04, 2018
Well, Thanks to CBN

But i need that chinese currency grin grin
Re: CBN Intervenes With Fresh $210m by Mangreat034(m): 6:50am On Oct 04, 2018
Even if u dont intervene , our politicians are already intervening. We are in Dollar season if u know u know
Re: CBN Intervenes With Fresh $210m by mustmust(m): 6:56am On Oct 04, 2018
Rubbish intervention ... Lies lies lies

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