flexible exchange rate policy
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Business CBN Intervenes As Naira Falls to All-Time-Low
The Central Bank of Nigeria (CBN), yesterday, intervened to save the naira, as the currency hit all-time-low at 350 to a dollar equivalent to 77.67 per cent dropped at the inter-bank foreign exchange market. The fall was the lowest value since the commencement of the flexible exchange rate...- ProfRem
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