The Central Bank of Nigeria (CBN) on Tuesday intervened in the inter-bank segment of the foreign exchange market with $210 million to sustain the market’s liquidity. Data obtained on the intervention from the apex bank indicated that the wholesale segment of the market got the sum of $100 million while the Small and Medium Enterprises […]
In furtherance of its sustained efforts to ensure adequate liquidity in the foreign exchange (Forex) market, the Central Bank of Nigeria (CBN) on Tuesday provided $210 million for users in the Inter-bank segment of the nation’s Forex market. Available information on the apex bank’s intervention in the segment of the market showed that authorized […]
The Central Bank of Nigeria (CBN) on Wednesday supplied $210 million into the inter-bank segment of the nation’s Foreign exchange (Forex) market to boost its liquidity. Figures obtained from the apex bank on the allocation of the sum to various users showed that authorized dealers in the wholesale segment of the market were offered the […]
The Central Bank of Nigeria (CBN) on Tuesday provided the sum of $210 million to meet customers’ requests in various segments of the interbank foreign exchange market. A decomposition of the $200 million intervention on segment-by-segment basis showed that the apex bank offered $100 million to authorized dealers in the wholesale segment of the market […]
The Central Bank of Nigeria (CBN) on Tuesday intervened in the interbank foreign exchange (Forex) market with $210m in furtherance of its policy initiatives to sustain liquidity in the market. Data on the distributions of the sum made available by the apex bank indicated that $100m was provided for the wholesale market, $55m for Small […]
The naira recorded a slight appreciation in its exchange rate with the dollar at the parallel market yesterday, closing at N359.5/$ as against the N360/$ it exchanged at the close of trading on Tuesday. Similarly, the nation’s currency exchanged at N361.06/$, compared to the N361.18/$ it closed the previous day at the Investors’ and Exporters’ […]
The Central Bank of Nigeria (CBN) on Tuesday injected $210 million into the foreign exchange market, to meet customers’ requests in various segments of the market. Out of the sum, the authorized dealers in the wholesale segment of the market got $100 million, while $55 million was supplied each to the Small and Medium Enterprises […]