At N1401 per dollar, the naira halted its negative trend in the foreign exchange market after data showed the Central Bank of Nigeria (CBN) pumped dollars to influence the direction of the spot rate at the official window.

https://dmarketforces.com/naira-halts-losses-after-500m-fx-injections/

#Naira #Exchangerate

Naira Halts Losses After $500m FX Injections

At N1401 per dollar, the naira halted its negative trend in the foreign exchange market after data showed the Central Bank of Nigeria (CBN) pump

MarketForces Africa