CBN’s $100m sales shore-up naira value to N442

CBN’s $100m sales shore-up naira value to N442

    The value of the naira was on Monday lifted to an average rate of N442 against the US dollar at the black market, after the Central Bank of Nigeria (CBN) auctioned $100 million in forwards at the foreign exchange market. Consequently, the naira gained N8 over N450 per dollar traded on Friday last…

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