Nigeria’s Central Bank has sustained its intervention in the inter-bank segment of the foreign exchange market by injecting $482.6 million into the market.
The Apex bank says this will protect the value of the naira.
The intervention breakdown shows retail Secondary Market Intervention Sales with the sum of $285 million.
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The Small, Medium and Enterprises window got $52 million, while Basic Travel Allowance, Personal Travel Allowance, medicals and tuition fees, and others, got the sum of $45 million.
