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In keeping with its promise to ease the difficulties encountered by Nigerians in obtaining funds for foreign exchange transactions, the Central Bank of Nigeria (CBN) tuesday carried out special wholesale intervention forward sales in the interbank forex market by offering $500 million. But 23 banks were only able to take up $370,810,810.79 to meet the […]
CBN pumps $500m into FX Market, banks take up only $371m
Source: Business