Markets

CBN calls for bids in special fx auction

by Reuters

December 19, 2016 | 5:26 pm
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The central bank on Monday asked banks to submit bids for a “special currency auction” to clear the backlog of matured outstanding dollar obligations for selected sectors of the economy, traders said on Monday. The central bank instructed commercial lenders to submit backlog dollar demand from fuel importers, airlines, raw materials and machinery for manufacturing…

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by Reuters

December 19, 2016 | 5:26 pm
  |     |     |   Start Conversation

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