Home Business Naira to appreciate further as CBN boosts forex sale

Naira to appreciate further as CBN boosts forex sale

0

The Naira is set to appreciate further in the week as the Central

Bank of Nigeria (CBN) plans to inject more Foreign Exchange (Forex) into the market to meet the requests of genuine customers.

The spokesman of CBN, Mr Isaac Okorafor, gave the assurance in a statement on Sunday in Lagos.

The News Agency of Nigeria (NAN) reports that the apex bank had so far kept to its promise of continuing to supply enough forex to guarantee liquidity in the market.

READ ALSO  Central Bank of Nigeria bars banks from bitcoin, virtual currencies