The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank segment of the Foreign Exchange (Forex) market with the injection of $210 million into three segments of the market. The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank segment of the Foreign Exchange (Forex) market with the injection of $210 […]
Tag: CBN’s Intervention in Inter-Bank Forex Market
Forex: CBN Intervenes With $210mn In Inter-Bank Segment
The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank segment of the Foreign Exchange (Forex) market with the injection of $210 million into three segments of the market. Specifically, the bank offered the sum of $100 million to dealers in the wholesale window, while those in the Small and Medium Enterprises (SMEs) […]