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Home Exclusives Research Analysis

Data: The Bank That Got The Most Forex From The CBN In October 2016

Research Team by Research Team
December 6, 2016
in Research Analysis
CBN Says it Will “Very Soon” Be Conducting Risk-impact Assessment on Banks
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Wondering which bank got the most forex in October? The data below from the Central Bank reveals, Access Bank Plc got the most forex allocation from the CBN for onward sale to businesses who need it to fund imports.

In total the CBN sold about $867.8 million in the month of October.

[wpdatachart id=51]

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[wpdatatable id=123 table_view=regular]

Tags: Access Bank Plc NewsChartsMonetary Stats
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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Comments 1

  1. Wale Ganiu (@ganXE) says:
    December 6, 2016 at 8:14 am

    Is it FX allocation or sale via the FMDA market?

    Reply

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