Naira maintains gain as CBN boost forex market with $503.5m

Naira maintains gain as CBN boost forex market with $503.5m

The naira/dollar exchange rates maintained stability as the Central Bank of Nigeria (CBN) boosted the foreign exchange with a total of $503.5 million interventions last week.   As part of its continued efforts to sustain liquidity in the foreign exchange market, the CBN on Friday injected $308.5 million into the market. This move is expected…

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