Thursday 27 April 2017

Naira remains stable at parallel market

Image result for naira remains stable at the parallel market
The Central Bank of Nigeria (CBN) yesterday sold $185.86million at the retail Secondary Market Intervention Sales (SMIS), even as the naira remained stable at N382 per dollar in the parallel market.

CBN’s Acting Director, Corporate Communications, Department, Mr.  Isaac Okorafor confirmed this development disclosing that out of the auctioned amount, only $3.14million was sold as spots, while the sum of $182.72million was sold as forwards.

No comments:

Post a Comment

Popular Posts