Nigeria’s Central Bank Pumps $210 Million into Forex Market, Assures Of Naira Stability During 2019 Elections

Posted by - January 7, 2019

CBN makes first foreign exchange intervention for the year 2019 with $210 million at the inter-bank market. Nigeria’s foreign reserves stand at $43.05 billion Naira opens 2019 trading on a good positive notes, appreciating to N361/$1 at the parallel market. Nigeria’s central bank (CBN) has injected the sum of $210 million into the inter-bank segment