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

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

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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