February 16, 2015 BY Andrew Saks-McLeod

Nigeria's central bank makes two large FX deals on the open market totalling $40 million to boost liquidity

Data from Thomson Reuters on Friday showed that two large sales were done at 198.50 naira to the dollar, totalling $40.8 million. Trading on Nigeria's FX market was delayed until after 10 a.m. (0900 GMT) on Friday to allow dealers to submit demand for dollars to the central bank

Read more