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CBN injects $321.11m, ¥33.3m into retail market

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The Central Bank of Nigeria has injected $321.11m into the retail Secondary Market Intervention Sales. The CBN Director of Corporate Communications, Mr.

Isaac Okorafor, disclosed this in a statement in Abuja on Friday.

He explained that the U.S. dollar intervention was for requests in the agricultural and raw materials sectors while the Chinese Yuan, on the other hand, was for Renminbi denominated Letters of Credit.

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