CBN: Cardoso Reveals Real Determinant Of Foreign Exchange Rate

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed the country’s fundamental determinant of foreign exchange rates. Contrary to a general belief that the apex bank determines FX rates, Cardoso said that economic fundamentals drive the foreign exchange rate. Naija News reports that the CBN governor revealed this during his address [...]The post CBN: Cardoso Reveals Real Determinant Of Foreign Exchange Rate appeared first on Naija News.

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