News
CBN injects $210 million into currency market
Published By
Kazeem Ugbodaga
Date
8th January, 2019
Quick Read
Nigeria’s Central Bank said on Tuesday it had injected $210 million into the inter-bank foreign exchange market, as it seeks to boost liquidity and alleviate dollar shortages.
Nigeria’s Central Bank said on Tuesday it had injected $210 million into the inter-bank foreign exchange market, as it seeks to boost liquidity and alleviate dollar shortages.
The bank said in a statement it had released $100 million for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills.
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CBN currency market
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