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Topic: ‘CBN’s Sectoral Forex Strategy Stabilises Naira’  (Read 1107 times)

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‘CBN’s Sectoral Forex Strategy Stabilises Naira’
« on: April 25, 2017, 01:03:52 AM »
‘CBN’s Sectoral Forex Strategy Stabilises Naira’

Steps taken by the Central Bank of Nigeria (CBN) to commence sectoral foreign exchange interventions may have started yielding positive results by way of stabilising the exchange of the Naira against major currencies and greenback in particular. The effect of this initiative was easily noticed over the weekend as those operating in the small and...

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