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CNY 69m into Retail SMIS

Forex: CBN injects $317.52m, CNY 58.40m into retail SMIS

PAULETTE ORJIME- Abuja

CENTRAL Bank of Nigeria (CBN) has injected the sum $340, 507, 376.51 into the interbank retail Secondary Market Intervention Sales,following last week’s take-off of its intervention in the sale of foreign exchange in Chinese Yuan (CNY). The figures obtained from the CBN on Friday July 27, showed that the US denominated interventions were only for concerns in the agricultural and raw materials sectors.

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