CBN Policies Boost Dollar Supply By 171.46% In Seven Months

Policies introduced into the foreign exchange market by the Olayemi Cardoso’s led Central Bank of Nigeria (CBN) has boosted dollar supply into the market by 171.46 per cent in the last seven months. According to FMDQ’s monthly report for July 2024, the Nigerian official foreign exchange (FX) market witnessed a significant increase in turnover, rising to N110.35 [...]

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