News Formal

Forex Intervention: CBN injects $298.71 million into retail market

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The Central Bank of Nigeria (CBN) says it has made another intervention of $298.71 million in the retail Secondary Market Intervention Sales (SMIS).

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.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 3. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

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 …
स्रोत: Daily Trust - 🏆 13. / 51 और पढो »