to importers of telecom equipment, power generators and
finished products at its foreign exchange auction, instead
shifting demand to the interbank market, dealers told
Reuters on Thursday.
The CBN also restricted lenders and discount houses from
placing more than 7.5 billion naira ($44 mln) each as
deposits with the regulator, swelling interbank naira
liquidity.
The naira hit a new intraday low of 170.5 against the dollar
on Thursday, falling 1.87 percent as the stock market
continued to slide.
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