Federal finance and statistics / Central Bank of Nigeria

Foreign Exchange Market (WDAS) Auction No. 12/2009

Keywords: FURTHER TO OUR CIRCULAR REF. TED/FEM/FPC/01/110/09 OF 8TH JULY, 2009, THE CBN HEREBY INTERVENES WITH AN OFFER OF USD300.00 MILLION (THREE HUNDRED MILLION UNITED STATES DOLLARS) FOR SALE AT THE FOREIGN EXCHANGE AUCTION OF WEDNESDAY 19TH AUGUST, 2009. AUTHORISED DEALERS ARE THEREFORE INVITED TO SUBMIT THEIR BID REQUESTS FOR WDAS AND BDC CASH THROUGH REUTERS DEALING 3000 XTRA TO THE CBN ABUJA AT THE ADDRESS STIPULATED IN THE CIRCULAR UNDER REFERENCE BETWEEN 9.00 A.M AND 10.30 A.M. tHEY ARE ALSO REMINDED THAT THEIR CURRENT ACCOUNTS WITH CBN MUST BE ADEQUATELY FUNDED AND REMAIN FUNDED ON …