CBN injects $323.5m, CNY 17.9m into forex market | The Guardian Nigeria News - Nigeria and World News

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He expressed satisfaction over the stability of the foreign exchange, which he attributed to the sustained intervention by the bank. CentralBankOfNigeria Nigeria Naira Dollar Euro

The CBN Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja.

He explained that the dollars intervention was for requests in the agricultural and raw materials sectors while the Chinese Yuan was for Renminbi denominated Letters of Credit.

 

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