Business

CBN Forex Supply Hits $7.136bn in Four Months  

By Obinna Chima Since the Central Bank of Nigeria commenced its aggressive interventions in the interbank and bureau de change segment of the foreign exchange market, the Bank, as of Friday last week, had pumped a total of $7.136 billion into the market. According to figures compiled by THISDAY, between February 21 and June 21, 2017, the CBN intervened in the market by selling the greenback to authorised dealers in 32 sessions. The dollar sales have been targeted at retail invisibles fo...