FOREX: CBN intervenes with $321.11m, CNY33.3m

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The Central Bank of Nigeria (CBN) on Friday said it made another intervention in the Retail Secondary Market Intervention Sales (SMIS) with the injection of about $321 million.

) on Friday said it made another intervention in the Retail Secondary Market Intervention Sales with the injection of about $321 million.

Mr Okorafor said the intervention in dollars was for requests in the agricultural and raw materials sectors.The spokesperson said the FOREX market has remained stable on the back of the regular interventions by the apex bank.

Source: News Formal (newsformal.com)

 

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