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Forex: CBN injects $340m

Anchor Borrower Programme: CBN disburses N174. 48bn through 19 banks


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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