Trading took off under the new rules for the Nigeria Interbank Foreign Exchange (NIFEX) market monday, with the Central Bank of Nigeria (CBN) participating in spot and forward trading, where it met 100 per cent of demand in the FX market with a total of $532,867,169.11 and cleared the backlog of $4.02 billion pent-up demand […]
CBN clears $4.55bn in Spot and Forward trading as naira peg is lifted
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