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Naira Stable As CBN, NAFEX Pump $1.5bn, CNY 38.70m Into Forex Market

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The value of the naira last week remained stable across foreign exchange market as the Central Bank of Nigeria (CBN) and the Nigerian Autonomous Foreign Exchange (NAFEX) market pumped $1.549 billion and CNY 38.70 million into the foreign exchange market. Data obtained from NAFEX also known as the Investors and Exporters (I&E) window showed that […]

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CBN injects $289m, CNY38.70m into retail secondary Forex Market - Premium Times NigeriaThe dollar-denominated interventions are mainly for transactions in the agricultural and raw materials sectors.
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