The Central Bank of Nigeria (CBN) has injected the sum of two hundred and ten million dollars into the inter-bank Foreign Exchange Market after the transactions on Tuesday, July 30.
The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor explained that authorized dealers in the wholesale sector of the market received 100 million dollars, while the Small and Medium Enterprises (SMEs) and the invisible segments were allocated the sum of 55 million dollars each.
He said the efforts of the CBN had helped to ensure the stability of the Naira and also increased the level of investors and public confidence in the economy.
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