AD

CBN releases $210 million for interbank exchange market

Central bank said on Wednesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as school fees and medical bills.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

NPFL Slaps Fine On Rivers United’s Rivals
Ogoni Entrepreneurs to Benefit from New ₦200M Fund
Igwuruta Youth Demand Security Action After Community Leader’s Killing
Fubara Approves Recruitment of 12 Fire Service Truck Drivers
Rivers State Government Launches Emergency Marine Ambulance Service
Minister of Interior, Tunji- Ojo Stops Printing of International Passport in All South-East States

Leave a Reply

Your email address will not be published. Required fields are marked *