Foreign exchange illiquidity continues over demand concerns

Nigeria’s foreign exchange market remains illiquid as demand outweighs fx supply at the Investors and Exporters’ window. Activities are wrapping up on a quiet note at the Treasury bills and bond markets as players wait on MPC’s next move. Traders at UBA say there will be NTB maturities of ₦141.34 billion coming up next week. Ifeoma Onyejekwe, fixed income trader, UBA joins CNBC Africa for more.
Fri, 23 Sep 2022 14:20:36 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.