The Central Bank of Nigeria (CBN) yesterday injected another sum of $210 million into the interbank foreign exchange market.
Figures released by the CBN indicated
that authorised dealers in the wholesale segment of the market received
the sum of $100million, while the small and medium scale enterprises
(SMEs) and the invisibles segments were allocated the sum of $55 million
each.
The Director, Corporate Communications
Department at the CBN, Mr. Isaac Okorafor, confirmed the figures and
restated the Bank’s resolve to always meet the request of genuine
customers in the various segments of the market.
The Bank had last Friday injected a
total sum of $289.76 million into the retail Secondary Market
Intervention Sales (SMIS) and CNY38.70million in the spot and
short-tenored forwards of the inter-bank foreign exchange market.
The naira sold at N360 to a dollar on the Bureau De Change (BDC) segment of the market.
No comments:
Post a Comment