According to the latest data from the RBI released this week, India's foreign currency assets (FCA), the largest component of forex reserves, were at...
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Maroc - NAIJA247NEWS.COM - A La Une - 12/Sep 20:44
Naira Strengthens as CBN Injects $60 Million, Forex Reserves Drop to $36.3 Billion
The Naira gained against the dollar at the official forex market on Wednesday, September 11, following the Central Bank of Nigeria’s (CBN) intervention with a $60 million injection to banks. This move is likely to slightly reduce Nigeria’s forex reserves, which stood at $36.30 billion as of September 4. Despite the CBN’s intervention, more forex […]
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