Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS

Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS

The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.

Continue reading Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS at Vanguard Nigeria.

Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS

The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.

Continue reading Forex intervention: CBN injects $311.5m, CNY15m into retail SMIS at Vanguard Nigeria.

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