Forex Intervention: CBN injects $298.71 million into retail market

The bank’s Director, Corporate Communications Department, Isaac Okorafor, disclosed this in a statement in Abuja on Friday.

He explained that the interventions in U.S. dollars, just as in previous transactions, were to meet requests in the agricultural and raw materials sectors. Mr Okorafor expressed the satisfaction of the bank’s management with the stability in the foreign exchange market, adding that it would continue to make necessary interventions to ensure liquidity in the Nigerian market.

The director urged Nigerians to continue to support the policies of CBN aimed at boosting the production capacity of local industries as well as creating jobs for citizens.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

CBN and its quest to revive textile industry – Daily TrustFollowing its commitment to ensure that at least 20 textile garment factories return to full operation before the end of 2019, the Central Bank of Nigeria (CBN) is soliciting for partnerships that would enable the agenda bear fruits. As part of its strategy, the apex bank has engaged in interactive sessions across the country with …
مصدر: Daily Trust - 🏆 13. / 51 اقرأ أكثر »