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CBN sells $300m forex at WDAS

Freedom Online by Freedom Online
September 18, 2013
in Business, Featured
0
Nwanisobi: CBN intervention programmes 'responses to socio-economic situations, exigencies'

CBN

The Central Bank of Nigeria (CBN) sold $300 million at the rate of N155.76 to the dollar at its 71st Wholesale Dutch Auction System (WDAS) on Wednesday.

The CBN continued to maintain the exchange rate of N155.76 to the dollar at the last nine 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.

 

cbn_abuja

The number of banks that participated increased to 17 from the 16 that was recorded on September 16.

The next auction will hold on Monday, September 25.

 

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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.