CBN attempts new steps to stabilise naira

Started by MrVan, Oct 24, 2011, 05:02 PM

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MrVan

Oct 24, 2011, 05:02 PM
Central Bank of Nigeria CBN said weekend that it will sell dollars both directly into the market and at auctions, while it lifted the amount of dollars banks' can hold in reserve, in a continued effort to stabilise the naira.

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