The CBN offered US$650.0m but sold US$601.1m at the WDAS last week – US$350.0m and US$251.1m at Monday and Wednesday’s auctions respectively. The Naira closed flat at N155.94/US$1.00 on Monday, while it gained 4k to the Dollar on Wednesday to close at N155.90/US$1.00. Improved Dollar supply at the interbank market […]
Tag: Dollars
Nigeria naira eases vs dlr despite cbank action
Nigerian naira eased further against the U.S. dollar on the interbank on Wednesday despite the central bank’s direct intervention to calm the market and an increase in supply of the greenback at its bi-weekly foreign exchange auction. The naira ended at 162.95 to the dollar on the interbank on Wednesday, […]
