CBN Intervenes In FX Market With $28.5 Million Sale

The CBN made another intervention in the foreign exchange market to support the naira. Despite reduced FX interventions, improved transparency through automated currency trading platforms has encouraged foreign portfolio investors to participate more actively in the financial markets. While the naira has shown gains on the BMatch electronic FX trading platform, exchange rates at the … Continue reading CBN Intervenes In FX Market With $28.5 Million Sale