CBN sells N115bn T-bills to strengthen naira

The Central Bank of Nigeria held an unscheduled Treasury bill auction on Wednesday, selling a total of N114.6bn ($375m) worth of treasury bills to strengthen the naira. This auction is the apex bank’s first since mid-July as it seeks to boost dollar liquidity in the currency market after the naira fell, traders told Reuters. The…

The post CBN sells N115bn T-bills to strengthen naira appeared first on naija-news.com.



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