how cbn weakens dollar

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    Business How CBN Weakens Dollar, Pushes Naira To 7-Month High At 410/US$1

    The Central Bank of Nigeria On Wednesday sold the dollar at a weaker rate, traders say, in an effort to boost liquidity on the official market and narrow the naira’s spread at the black market. The Central Bank has been intervening on the official market to try to narrow the currency spread...
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