Welcome to 9jaflaver


Celebrity News | Education | Fashion | Football Updates | Lifestyle | Funny Photos

Call Only:-+2348111727895

You Can Email Us:- 9jaflaver@gmail.com

Upcoming Artistes:- Promote your music on 9jaflaver Here

Music Artistes!! Join 9jaflaver Music Artistes Group (Rap, Singers, Artiste Group) - Get In Here

« | »

CBN Further Boosts FOREX Market With $195 Million

The Central Bank of Nigeria (CBN), yesterday, further intervened in the foreign exchange market with a $195 million auction to its three segments.The move followed a major stride last week, where it sold $462.3 million, made up of $267.3 million for the Retail Secondary Market Intervention Sales (SMIS) while $100 million went to wholesale interventions; $50 million for the Small and Medium Enterprises (SMEs) forex window and $45 million going to invisible items – Business/Personal Travel Allowances, tuition and medical fees.

The latest aid comes barely three days after reports from the apex bank indicated that it had grown the country’s reserves back to $31 billion, with rates now trending at N364/$ for the parallel market; N362 at the BDC segment while the investors and exporters’ window stays at N363.

The Acting Director, Corporate Communications Department, CBN, Isaac Okorafor, reaffirmed the bank’s commitment to sustain liquidity in the market to ensure that genuine requests are met as well as improve flexibility in the market.
He said the leadership of the apex bank was upbeat about the positive impact its foreign exchange management was having on the manufacturing and agriculture sectors as well as the general economic activities nationwide.He also reiterated the CBN Governor’s desire to achieve stability and ultimately ensure convergence of rates in the market.


Click Here To Comment On This Post


[Music] Olamide - Wo

[Music] Simi – Joromi

[Music] Olamide Ft Davido – Summer Body

[Music] Davido - Fall

[Music] Flavour Ft Semah G Weifur – Most High

[Music] Flavour – Baby Na Yoka

[Music] Skales Ft Sarkodie – Booty Language

[Music] Runtown – For Life

author image
About 9jaflaver owner (Mr Ejump)

Mr Ejump Is the owner/CEO of 9jaflaver, he's an economist, a loving, and friendly young man. CONNECT via:- FACEBOOK TWITTER

Posted by on August 8, 2017.

Categories: 9ja news

There is love in sharing

0 Responses

Don't Just Read A Post And Go, Comment Below To Make The Post Lively

Do You Have Something To Say? Comment In The Box Below

Your Name Below

NOTE:- After Dropping your comment, keep calm, it will take 5mins before it appears.

« | »

Hottest Songs This Week

Hottest Videos This Week

9jaflaver Face Of The Week

9jaflaver face of the week

Name:- Joy Osha
Occupation:- Student, Dancer, Screenwriter
Instagram:- Mickey_benkz
Facebook:- Joy osha
A university of Abuja student

Wish to be our next face of the week, send your pics, instagram, bbm pin to us via whatsapp:- 08114624972

9jaflaver Music Of The Week

Olamide - Wo

9jaflaver music of the week

Advertise | About Us | Privacy Policy | Contact Us | Content Removal | DMCA

Like us on facebook | Follow us on twitter
Copyright © 2017 9jaflaver
Powered By: 9jaflaver