Money Market Rates Diverge as FX Settlement Reduces Liquidity

Money Market Rates Diverge as FX Settlement Reduces Liquidity Money market rates diverged on the back of sufficient liquidity in the banking system despite foreign exchange intervention sales settlement by the Central Bank of Nigeria (CBN) on Tuesday. The liquidity balance in the financial system slowed down to approximately ₦757 billion after outflow for the … Continue reading Money Market Rates Diverge as FX Settlement Reduces Liquidity