Browsing: Inter-Bank Foreign Exchange Market

The Central Bank of Nigeria has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.

The Central Bank of Nigeria says it has injected $210 million into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.

Details obtained from the CBN indicate that agricultural, airlines, petroleum and raw materials were the four sectors that received various sums of forex allocation based on requests put forward by their respective banks.