CBN reiterates commitment to achieving forex convergence

CBN reiterates commitment to achieving forex convergence

The Central Bank of Nigeria (CBN) has reiterated its determination to achieve its objective of foreign exchange rates convergence. Consequently, the CBN on Tuesday, October 31, 2017, injected another $195 million into the inter-bank Foreign Exchange market. The apex Bank offered the sum of $100 million to the wholesale window and intervened in the Small…

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