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CBN says foreign exchange rate now market-driven, retains high cash reserve ratio - Source News

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CBN says foreign exchange rate now market-driven, retains high cash reserve ratio

Nairametrics•3 months ago•centre•Credibility: 75/100

The Central Bank of Nigeria (CBN) on Tuesday, November 25, defended its tight liquidity stance, saying that the foreign exchange (FX) rate of the Naira to the Dollar is now market-driven, “more open and transparent.” The post CBN says foreign exchange rate now market-driven, retains high cash reserve ratio appeared first on Nairametrics.

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CBN says foreign exchange rate now market-driven, retains high cash reserve ratio

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