Forex Interventions: List of Banks Excluded From Retail Dutch Auction As CBN Sells $876.26 million To 26 Banks

Six prominent banks, were excluded from participating in a recent retail Dutch Auction conducted by the Central Bank of Nigeria (CBN). The auction, which saw the CBN selling $876.26 million to 26 qualified banks, was part of the apex bank’s ongoing efforts to alleviate the demand pressure in the foreign exchange (FX) market and promote price […] The post Forex Interventions: List of Banks Excluded From Retail Dutch Auction As CBN Sells $876.26 million To 26 Banks appeared first on The Capital NG.

  Business   Aug 11, 2024   0   41  Add to Reading List
Forex Interventions: List of Banks Excluded From Retail Dutch Auction As CBN Sells $876.26 million To 26 Banks






Six prominent banks, were excluded from participating in a recent retail Dutch Auction conducted by the Central Bank of Nigeria (CBN). The auction, which saw the CBN selling $876.26 million to 26 qualified banks, was part of the apex bank’s ongoing efforts to alleviate the demand pressure in the foreign exchange (FX) market and promote price […]

The post Forex Interventions: List of Banks Excluded From Retail Dutch Auction As CBN Sells $876.26 million To 26 Banks appeared first on The Capital NG.

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