01 January 2015, Lagos - The Central Bank of Nigeria sold $5.3 billion to defend the naira in October even as foreign exchange inflow into the economy fell by 5.4 per cent during the month. Disclosing this in its economic report for October, the CBN said that the decline in foreign exchange inflow was driven […] More »
Thursday, 1 January 2015
CBN defends naira with $5.3bn
01 January 2015, Lagos - The Central Bank of Nigeria sold $5.3 billion to defend the naira in October even as foreign exchange inflow into the economy fell by 5.4 per cent during the month. Disclosing this in its economic report for October, the CBN said that the decline in foreign exchange inflow was driven […] More »
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