The Central Bank of Nigeria has injected $325.5million in the retail Secondary Market Intervention Sales and CNY14million in the spot and short tenored forwards segment of the inter-bank foreign market.
Mr Okoroafor explained that the dollars intervention was for agricultural machineries and industrial raw materials.Mr Okoroafor further expressed optimism that the stability in the forex market would be sustained. The director disclosed that the bank on Tuesday offered authorised dealers in the wholesale segment of the market the sum of 100million dollars.
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