Nigeria: CBN Pumps $306 Million Into Forex Market

16 October 2017

Players in the retail segment of the Nigerian interbank foreign exchange (forex) market received a $306.3 million boost from the Central Bank of Nigeria (CBN) on Friday, following bids received from forex dealers by the Bank.

This is just as the naira appreciated by 21 kobo week-on-week to close at N360.43 kobo on the NAFEX.

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