Banking Latest News

CBN Supplies $340.51Mn, CNY 69.86Mn Into Retail SMIS Segment

The Central Bank of Nigeria (CBN), today injected the sum $340, 507, 376.51 into the interbank retail Secondary Market Intervention Sales (SMIS) segment of the nation’s foreign exchange (Forex) market. This is even as it sold Chinese Yuan (CNY) totalling CNY69,858,087.15 in the spot and short tenored forwards. Today’s sale of the Yuan came barely […]