Friday, October 19, 2018 9:32:52 AM- Nigerian Stock Exchange.

  Forex update - CBN injects 498 million to protect Naira


Nov 27 (Lagos) - The Central Bank of Nigeria (CBN) last week raised the tempo of its foreign exchange (forex) intervention in the inter-bank market to a total of US$ 498 million. 

Figures obtained from the central bank showed that it commenced the week by initially injecting US$ 210 million and thereafter sold another US$ 288 million.

Naira exchange rates currently stand at :

USD/NGN (CBN Official) - 305.85
USD/NGN (1M) - 365.17
USD/NGN (3M) - 376.49
USD/NGN (NAFEX) - 360.25


reporting for on Monday, Nov 27 2017 from Lagos, Nigeria

Readers's Opinion(0)

If you would like to post comments! Please log in.

Community sentiment

Top Stocks creating buzz on easykobo
Finance message boards

Related Articles