Wednesday, March 21, 2018 2:04:16 PM- Nigerian Stock Exchange.

  FOREX update - CBN injects $ 210m


March 13 (Lagos) -  The Central Bank of Nigeria (CBN) injected a sum of US$210m into the inter-bank forex market on Monday.

The CBN’s daily fx intervention remained US$0.5m, at N305.25. Additionally, there was a wholesale fx intervention.  

Turnover at the NAFEX window surged from US$201m on Friday to US$682m. Indicative rates ranged from N 347 to N 362. 

Gold prices held steady on Monday, as the USD weakened against a basket of currencies after broadly strengthening on the back of the recently released US nonfarm payrolls report.

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