- The Central Bank of Nigeria has disclosed that it carried out FX sales to authorised dealer banks in September
- According to the bank, within 11 days, it sold about $543 million to banks at an average of N1,540 and N1,580
- The bank said it sold the forex to reduce the demand for FX and control market volatility
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Central Bank of Nigeria has stated that it sold about $543.5 million at N1,540 and N1,580 per dollar to dealer banks between September 6 and 30, 2024, the equivalent of N844.92 billion.
