At the start of the week, the apex bank had injected $195 million into various segments of the inter-bank foreign exchange market, leaving traders to express confidence in the ability of the apex bank to stabilise the market through its interventions. What do u think about this dollar strength, do u think N1 is going to be $1 in the coming years???
Friday, 7 July 2017
Just in: Naira falls against Dollar, Euro, Pound despite CBN's intervention at forex market
The Nigerian Naira on Friday, July 7, surprisingly slipped at the parallel market despite the Central Bank of Nigeria frequent injection of Dollar into the market to boost the green back liquidity.
At the start of the week, the apex bank had injected $195 million into various segments of the inter-bank foreign exchange market, leaving traders to express confidence in the ability of the apex bank to stabilise the market through its interventions. What do u think about this dollar strength, do u think N1 is going to be $1 in the coming years???
At the start of the week, the apex bank had injected $195 million into various segments of the inter-bank foreign exchange market, leaving traders to express confidence in the ability of the apex bank to stabilise the market through its interventions. What do u think about this dollar strength, do u think N1 is going to be $1 in the coming years???