The CBN Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja.
He explained that the dollars intervention was for requests in the agricultural and raw materials sectors while the Chinese Yuan was for Renminbi denominated Letters of Credit.
He expressed satisfaction over the stability of the foreign exchange, which he attributed to the sustained intervention by the bank.
The director gave the assurance that the bank remained committed to ensuring that all sectors of the forex market continue to enjoy access to foreign exchange especially during the forthcoming yuletide season.
Meanwhile, N358 was exchanged for a dollar at the Bureau de Change (BDC) segment of the foreign exchange market, while CNY1 exchanged at N48.
Edited & Vetted By: Ismail Abdulaziz
Short Link: https://wp.me/pcj2iU-2KBC