Nigeria: CBN Pumps in $195m As Naira Firms At N363/$

14 November 2017

Lagos — The Central Bank of Nigeria (CBN) yesterday continued its intervention at the foreign exchange market injecting another $195 million into the inter-bank market to buy liquidity, even as the naira remained stable at the parallel market.

In spite of the intervention the value of the naira at the official market was down to N306 from N305.95 which it closed last week while it closed at N360.20 at the Investors and Exporters window.

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