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CBN sells $1.5m on interbank market, naira firms on black market

metro by metro
February 24, 2017
in Economy
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CBN sold $1.5 million on the interbank market at 305 per dollar on Friday to boost liquidity, traders said.

This helped push the naira to 460 on the black market, its highest level in more than three months, following several interventions by the central bank on the official market.

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