The Central Bank of Nigeria (CBN) has boasted that its various interventions in the foreign exchange market have brought about stability in the system.
Central Bank’s interventions in the different segments had ensured stability in the market and guaranteed availability to individuals and business concerns.”
The Bank’s spokesman, Isaac Okorafor, in a brief statement today, Thursday, said however that so far no interventions have beeb made in the retail auction window for forex.
He said that the CBN had, today, made special intervention of $10,000 to dealers in the Bureau de Change (BDC) segment.
The $100 million, he said, was offered to authorize dealers at the forex auction in the interbank wholesale window. [myad]
