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Central bank injects $210m to boost forex liquidity

The Central Bank of Nigeria (CBN) has again intervened in the foreign exchange market as the external reserves of the country hit a three year high at $38.2 billion.

Central bank boosts forex market with $210 million

Central Bank of Nigeria (CBN) on Tuesday announced the injection of another $210 million to boost liquidity in the inter-bank foreign exchange market.

Central bank injects $210 million into forex market

As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for 2017, the bank injected $210 million into the inter-bank Foreign Exchange Market on Monday.

Central bank injects $210 million into forex market

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017 on Monday, the apex bank intervened in the inter-bank Foreign Exchange Market to the tune of $210 million

Central bank sustains Forex liquidity, pumps in $195m

The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the inter-bank Foreign Exchange Market, even as the Naira maintains its strength.

Central bank strengthens forex market stability with $195m

The Central Bank of Nigeria (CBN) on Monday, injected 195 million dollars into the inter-bank Foreign Exchange (Forex) Market.

Central bank to punish banks for forex infractions

This is even as the apex bank sustained its intervention in the various sectors of the inter-bank foreign exchange market with the injection of $545m.

Central bank pumps $9.96bn into FX market in 6 months

The Central Bank of Nigeria (CBN) has injected $9.964 billion into the interbank segment of the foreign exchange (forex) market since it commenced its aggressive interventions in February this year.

BDCs allege banks benefit from their losses

Bureau De Change (BDC) operators have said they are badly affected by the trending “uncompetitive rate”, which comes as the Central Bank of Nigeria (CBN) sells dollars to them at higher rate compared to what it sells to commercial banks.

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