CBN spends $15.9bn on forex market interventions

by | January 26, 2018 1:37 am

The Central Bank of Nigeria (CBN) has spent $15.9 billion in nine months in its weekly intervention in the foreign exchange (forex) market.   This is coming as the Investors’ & Exporters’ Forex Window has recorded over $27.8 billion in turnover and brought about transparency and stability in the market.   Nigeria’s current account stabilised in surplus…

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