Naira stable as CBN injects $195m into forex market ahead of MPC decisions

by | July 25, 2017 11:41 am

Ahead of the decisions of the Monetary Policy Committee (MPC) meeting today the Central Bank of Nigeria (CBN) on Monday, boosted liquidity in various segments of the interbank foreign exchange market with a total of $195 million. At Monday’s forex trading, the CBN offered $100,000,000 as wholesale interventions and allocated $50,000,000 to the Small and…

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