News Formal

CBN Injects $210m into forex market - The Nation Newspaper

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 69%

Business News News

Business Business Latest News,Business Business Headlines

CBN Injects $210m into forex market

The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja on Tuesday.

Okorafor explained that the figures released by the CBN indicated that authorised dealers in the wholesale segment of the market were offered 100 million dollars while the Small and Medium Enterprises segment received 55 million dollars. He said that another 55 million dollars was allocated to customers requiring foreign exchange for invisibles such as tuition fees, medical payments and Basic Travel Allowance , among others.Read Also:News Agency of Nigeria reports that CBN had on Friday, Sept. 6, injected 321.11 million U.S. dollars and CNY33.3 million into the Retail Secondary Market Intervention Sales segment.NAN

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CBN injects $210 million into forex market - Premium Times NigeriaThe bank reaffirms commitment towards ensuring stability in foreign exchange market.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

CBN injects $210 million into forex market - Premium Times NigeriaThe bank reaffirms commitment towards ensuring stability in foreign exchange market.
Source: PremiumTimesng - 🏆 3. / 78 Read more »