The Central Bank of Nigeria pumps $284.2 million, 36 million Chinese Yuan into the forex market
The Central Bank of Nigeria (CBN) injected the sum of $284.2 million in the Retail Secondary Market Intervention Sales (SMIS) over the weekend
The apex bank also intervened with CNY 36.0 million in the spot and short-tenured forwards segment of the inter-bank foreign market.
Last Tuesday, the apex bank also intervened in the interbank sector of the Foreign Exchange Market with the sum of $210 million.
Read full article here 👉: Pulse.ng/business-insider
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