Tuesday 20 June 2017

Naira stable at the parallel market as CBN injects $195m

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The Central Bank of Nigeria (CBN) yesterday injected $195m into the inter-bank forex market to meet the requests of customers in the various segments of the market.


Meanwhile, the naira remained stable at N364 per dollar in the parallel market yesterday due to weak demand for dollar.
The naira continued to maintain its stability in the forex market, exchanging at an average of N364/$1 in the BDC segment of the market on Monday, June 19, 2017.

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