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CBN to sustain intervention in FOREX market

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    In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on Friday 7th April 2017 auctioned the sum of US$418 million at the retail-SMIS at a marginal rate of N310/$ (The airlines, agriculture, petroleum and raw materials/machineries sub sectors benefitted from the ...

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