Daily Archives: August 11, 2018

Forex: CBN Injects $327m, CNY 69m into Retail SMIS

The Central Bank of Nigeria (CBN), on Friday, August 10, 2018, injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales. This is in addition to the sale of CNY 69,707,333.39 in the spot and short-tenored forwards. The figures obtained from the CBN on Friday, August 10, 2018 showed that the US dollar-denominated interventions were only for concerns in ...

Read More »