{"id":568,"date":"2024-09-15T07:59:25","date_gmt":"2024-09-15T06:59:25","guid":{"rendered":"https:\/\/youdonhear.org\/?p=568"},"modified":"2024-09-15T07:59:27","modified_gmt":"2024-09-15T06:59:27","slug":"nigerias-foreign-exchange-reserves-rise-by-621-2-million-in-10-days-due-to-successful-dollar-bond-sale","status":"publish","type":"post","link":"https:\/\/youdonhear.org\/?p=568","title":{"rendered":"Nigeria&#8217;s Foreign Exchange Reserves Rise by $621.2 Million in 10 Days Due to Successful Dollar Bond Sale"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nigeria\u2019s foreign exchange (FX) reserves saw an increase of $621.2 million within 10 days, thanks to the successful sale of a domestic dollar bond, according to data from the Central Bank of Nigeria (CBN).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reserves grew from $36.24 billion on September 2, 2024, to $36.87 billion by September 12, 2024, highlighting the positive impact of the bond sale. A steady increase occurred throughout the period, with a notable $250 million surge over the weekend of September 6-9. The largest single-day rise happened between September 11 and September 12, when reserves spiked by $54.4 million, signaling strong demand for the bond and increased liquidity in the financial system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria&rsquo;s foreign exchange (FX) reserves saw an increase of $621.2 million within 10 days, thanks to the successful sale of a domestic dollar bond, according to data from the Central Bank of Nigeria (CBN). The reserves grew from $36.24 billion on September 2, 2024, to $36.87 billion by September 12, 2024, highlighting the positive impact [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,11],"tags":[],"class_list":["post-568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-big-story","category-business"],"jetpack_featured_media_url":"https:\/\/youdonhear.org\/wp-content\/uploads\/2024\/09\/4fd2498c-cbn.jpg","jetpack_sharing_enabled":true,"brizy_media":[],"_links":{"self":[{"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/posts\/568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdonhear.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=568"}],"version-history":[{"count":1,"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/posts\/568\/revisions"}],"predecessor-version":[{"id":570,"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/posts\/568\/revisions\/570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdonhear.org\/index.php?rest_route=\/wp\/v2\/media\/569"}],"wp:attachment":[{"href":"https:\/\/youdonhear.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdonhear.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdonhear.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}