CBN injects $210m into currency market

 

CBN Headquarters, Abuja.
CBN Headquarters, Abuja.

The Central Bank of Nigeria (CBN), said on Wednesday it has injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

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

Agency Report

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