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Forex: CBN Supplies SMIS $337.16Mn, Tenored Forwards CNY 56.17Mn

The Central Bank of Nigeria (CBN) on Friday supplied $337.16 million into the retail Secondary Market Intervention Sales (SMIS) segment of the foreign exchange (Forex) market. In addition, the apex bank provided CNY 56.17million for the spot and short tenored forwards segment of the market The Director, Corporate Communications Department, Isaac Okorafor, explained that the SMIS intervention […]