Wednesday, 13 December 2017

Business and Economy: CBN injects $210m into currency market

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Business and  Economy: CBN injects $210m into currency market

CBN building


Business and Economy

The Central Bank of Nigeria said on Tuesday it had injected $210m into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

The bank said , in a statement , it had released 100 million dollars earmarked for the wholesale market, $55m 00for small businesses and individuals , and 55 million dollars for certain dollar expenses such as school fees and medical bills .


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Author: verified_user

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