Nigerian Bank Injects $210 Million Into The Interbank Market
ABUJA, May 15 (Reuters) – Nigeria’s central bank said on
Tuesday it had injected $210 million into the interbank foreign
exchange market, extending efforts to boost liquidity and
alleviate dollar shortages.
The bank said in a statement it had released $100 million
earmarked for the wholesale market, $55 million for small
businesses and individuals, and $55 million for certain dollar
expenses such as school fees and medical bills.
(Reporting by Camillus Eboh
Editing by Hugh Lawson)
