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Topic: Supply Glut: Banks Now Seek Customers to Buy FX  (Read 906 times)

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Supply Glut: Banks Now Seek Customers to Buy FX
« on: March 14, 2017, 07:00:18 PM »
Supply Glut: Banks Now Seek Customers to Buy FX

Obinna Chima with agency report Banks are now looking for customers to buy the surplus greenback currently in their vaults, following the recent interventions by the Central Bank of Nigeria (CBN) in the interbank market. In a bid to close the gap between the interbank and parallel market rates, the CBN has sustained its intervention […]
Source: Supply Glut: Banks Now Seek Customers to Buy FX

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post culled from thisdaylive
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