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Topic: Naira rises by N4 as CBN intervenes with $411.8m  (Read 1302 times)

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Naira rises by N4 as CBN intervenes with $411.8m
« on: February 22, 2017, 01:03:12 am »
Naira rises by N4 as CBN intervenes with $411.8m

—The naira, yesterday, appreciated to N516 per dollar in the parallel market as the Central Bank of Nigeria, CBN, intervened in the foreign exchange market by selling $411.8 million dollars for visible and invisible foreign exchange transactions.


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