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Topic: FG sells treasuries to keep naira liquidity tight  (Read 1207 times)

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FG sells treasuries to keep naira liquidity tight
« on: October 20, 2017, 01:05:00 AM »
FG sells treasuries to keep naira liquidity tight

The Central Bank of Nigeria sold N98bn of treasury securities on Thursday to keep liquidity tight to support the currency, a day after it auctioned N133.25bn of T-bills, traders said. The local naira currency has been stable for more than two weeks, supported by central bank interventions, foreign inflows and tight liquidity on the money […]
Source: FG sells treasuries to keep naira liquidity tight

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