Forex: CBN injects $268.4m, CNY46.3m into retail SMIS – Daily Trust

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Forex: CBN injects $268.4m, CNY46.3m into retail SMIS

 

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Forex market: CBN provides $268.4m, CNY46.3m for agric, raw materialsA dollar exchanged for N360 at the Bureau de Change (BDC) segment of the foreign exchange market. Election money.🤦🏾‍♂️ And to APC sector How many rural farmers will benefit from this?
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CBN Injects 268.4m, CNY 46.3m Into Retail SMISThe Central Bank of Nigeria (CBN), yesterday, made an intervention of $268.4million in the retail Secondary Market Intervention Sales (SMIS) and CNY 46.3million in the spot and short tenored forwards segment of the inter-bank foreign market. This was disclosed by the director, Corporate Communications Department, Central Bank of Nigeria, Isaac Okorafor, who revealed that the […]
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CBN injects $210 million into foreign exchange market - Premium Times NigeriaThe bank says the interventions were in continuation of its resolve to sustain the high level of stability in the foreign exchange market.
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