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CBN says foreign exchange rate now market-driven, retains high cash reserve ratio
Nairametrics•about 2 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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