CBN's forex intervention rises 118% to $48bn

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Analysts see further increase in 2019 as Naira comes under pressure. By Babajide Komolafe. THE Central Bank of Nigeria, CBN, cash injection into the nation's foreign exchange market rose by 118 percent to about $48 billion in 2018 from $22 billion in ...

from Google Alert - Business http://bit.ly/2RcmYHv
Analysts see further increase in 2019 as Naira comes under pressure. By Babajide Komolafe. THE Central Bank of Nigeria, CBN, cash injection into the nation's foreign exchange market rose by 118 percent to about $48 billion in 2018 from $22 billion in ... https://ift.tt/eA8V8J

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