Nigeria: Again, CBN Injects $210m Into Forex Market

23 January 2018

The Central Bank of Nigeria (CBN) on Monday intervened in the interbank foreign exchange (forex) market with the sum of $210million to meet customers' requests in various segments of the market.

In its quest to meet the customers' needs in the sundry segments of the market, the CBN offered $100 million to authorised dealers in the wholesale segment of the market, while the small and medium scale enterprises (SMEs) segment got the sum of $55 million, according to figures obtained from the Bank.

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