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Home » Blog » CBN injects $210 million into currency market
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CBN injects $210 million into currency market

Last updated: January 8, 2019 7:57 pm
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Nigeria’s Central Bank said on Tuesday it had injected $210 million into the inter-bank foreign exchange market, as it seeks to boost liquidity and alleviate dollar shortages.

The bank said in a statement it had released $100 million for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills.

TAGGED:CBN injects $210 million into currency market
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