CBN injects $242.04m, CNY32.3m into forex market

CBN injects $242.04m, CNY32.3m into forex market

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In continuation of its intervention in the inter-bank foreign exchange market, the Central Bank of Nigeria (CBN) on Friday injected the sum of $242.04 million into the retail Secondary Market Intervention Sales (SMIS) and CNY32.3 million into the spot and short-tenored forwards segment of the inter-bank foreign market. Isaac Okorafor, the CBN’s director of corporate…

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