Naira sheds N9.68 as CBN’s $800m FX intervention faces test

Naira sheds N9.68 as CBN’s $800m FX intervention faces test

The naira slipped N9.68 against the dollar at the Nigerian Foreign Exchange Market on Thursday, a move that puts the Central Bank of Nigeria's recent $800 million foreign exchange intervention squarely under the microscope.

The source content ends there, so that is all the confirmed detail available to report on this story. As more figures and context emerge, we will bring you the full picture.

Originally published by BusinessDay.

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