Banks buy only $68.51m out of $100m offered by CBN

Banks buy only $68.51m out of $100m offered by CBN

…To sell $20,000 to BDCs on today …Naira firms to N397/$ …External reserves hit $30.56bn The Central Bank of Nigeria (CBN) again on Wednesday, April 19, 2017, carried out spot, wholesale interventions in the interbank FOREX market by offering a total sum of $100m to authorized dealers to meet the 7 to 15-day forwards requests…

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