Nigerian central bank sold $401m last Friday to support naira

Nigerian central bank sold $401m last Friday to support naira

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LAGOS Feb 18 (Reuters) – Nigeria’s central bank sold $401 million on the interbank market at 198 to the naira last Friday to prop up the ailing naira currency, an FX market body comprising top tier banks said
[pro_ad_display_adzone id=”10″]on Wednesday.

Vice Chairman of the Financial Market Dealers Quotations (FMDQ) Jibril Aku also said the central bank would be filling orders on a daily basis before the markets open.

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