website page counter CBN sold $543.5 million FX to Nigerian banks in September to stem volatility  – Pixie Games

CBN sold $543.5 million FX to Nigerian banks in September to stem volatility 

The Central Bank of Nigeria (CBN) announced it sold $543.5 million to authorized dealer banks between September 6 and September 30. According to a statement from Omolara Duke, Director of the Financial Markets Department at the CBN, the sales occurred over 11 dealing days through a two-way quote at the Nigeria Foreign Exchange Market (NFEM). …

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