The Central Bank of Nigeria (CBN) has sold $52 million to authorised dealer banks in the foreign exchange market as part of efforts to stabilise the naira. According to spot FX data, the intervention was executed between ₦1,482.55/$ and ₦1,486.10/$, boosting dollar liquidity on the supply side. The naira appreciated by 0.08 per cent to … Continue reading CBN Injects $52m Into Banks To Stabilise Exchange Rate