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CBN sells $300 forex at WDAS

Freedom Online by Freedom Online
September 11, 2013
in Business
0
CBN Governor, Lamido Sanusi

CBN Governor, Lamido Sanusi

Central Bank of Nigeria (CBN)  sold $300 million at the rate of N155.76 to the dollar at its 69th Wholesale Dutch Auction System (WDAS) on Wednesday.

 

CBN Governor, Lamido Sanusi
CBN Governor, Lamido Sanusi

The naira has continued to maintain the exchange rate of N155.76 to the dollar at the last seven auctions.

The apex bank, in a summary of the auction posted on its Website, said that the $300 million  sold was the total amount offered for sale.

The number of banks that participated at the auction was 18 against 20 at the previous auction.

 

 

 

 

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.