Rates converge as CBN injects more dollar

by | June 4, 2017 8:29 pm

In spite of the naira’s strong showing in the foreign exchange market last week, which saw the currency gain substantial ground against the United States dollar, selling at N363/$1 compared to the previous rate of N378/$1, sources at the Central Bank of Nigeria (CBN), at the weekend, disclosed plans by the apex bank to inject…

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