The
Central Bank of Nigeria on Monday injected another $210m into various segments
of the inter-bank foreign exchange market.
This
came on the heels of the regulator’s $304.4m Retail Secondary Market
Intervention sales in the inter-bank forex market on Friday.
Despite
this, the naira closed at 364/dollar at the parallel market on Monday, the same
rate the United States greenback traded against the local unit on Friday.
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