Exchange rate gap narrows on rising forex inflows, CBN policies

•How rising FX inflows support exchange rate stability, narrowing gap between official, parallel market rates By Michael Nwadike The gap between official and parallel market rates narrowed to N34/$ as average monthly FX inflows hit $5.95 billion. The development is fuelled by key policies being implemented by the Central Bank of Nigeria (CBN) to support [...]The post Exchange rate gap narrows on rising forex inflows, CBN policies appeared first on The Sun Nigeria.

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