ABUJA, Feb 11 (Reuters) - Nigeria's central bank said on
Tuesday it had injected $210 million into the interbank foreign
exchange market, extending efforts to boost liquidity and
alleviate dollar shortages.
Dollar inflows have dwindled as weak sentiment has been
worsened by fears that the coronavirus outbreak in China will
hit demand in one of Nigeria's major trading partners, traders
said.
The central bank said in a statement that it had released
$100 million for the wholesale currency market, $55 million for
small businesses and individuals, and $55 million for certain
dollar expenses such as school fees and medical bills.
A spokesman said the central bank on Friday injected $218.41
million and 18 million Chinese yuan into the currency market.