Tag: BDC
Quick Take: Ban on FX sales to BDCs and the effectiveness...
SAT 31 JULY, 2021-theGBJournal- At the July policy meeting, the Monetary Policy Committee unanimously voted to keep the MPR at 11.5% alongside other key...
Markets Brief: Naira drops 3.5% to N522/US$ in response to BDC...
WED 28 JULY, 2021-theGBJournal-The naira was flat at NGN411.60/USD at the I&E window but depreciated by 3.5% to NGN522.00/USD in the parallel market in...
FX reserves drops by $47.33 million, Naira gains in the forwards...
SAT, 26 SEPT, 2020-theGBJournal-Nigeria’s FX reserves recorded its first weekly decline in five weeks, falling by USD47.33 million w/w to USD35.77 billion. Across the...
FX reserves rises to $35.81 billion but market still doubt CBN’s...
SAT, 19 SEPT 2020-theGBJournal-Nigeria’s FX reserves grew by USD39.52 million w/w to USD35.81 billion, despite the CBN’s intervention across the various foreign exchange windows....
