The Central Bank of Nigeria (CBN) announced that it sold a total of $543.5 million to authorized dealer banks between September 6 and September 30, 2024. This significant intervention aimed to stabilize the foreign exchange market during a period of heightened demand for commodity imports and seasonal foreign exchange needs. In a statement released by [...]The post CBN sells $543.5m to stabilize naira amid rising demand for forex appeared first on National Daily Newspaper.
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