Central bank of Nigeria News 2019-4-18

Central bank of Nigeria Thursday to inject $254.8 million in foreign exchange markets and RMB 35.8 million


According to Nigeria's blueprint for newspaper reported on April 18th, after injecting $210 million on Tuesday to the interbank foreign exchange market, central bank of Nigeria Thursday to inject $254.8 million in foreign exchange markets and RMB 35.8 million.

Director-general of the department of media Isaac Mr Musharraf's disclosure, the market intervention is mainly in order to meet the demand of agriculture and industry raw materials market, and 35.8 million yuan in yuan-denominated credit Mr To take an examination of Ralph, said the central bank of naira is satisfied with the performance against major global currencies, the stability of the foreign exchange market will continue to attract the real investors and promote the development of international trade.


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The central bank's management will continue to ensure that the foreign exchange market meets the demand of all sectors.