Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,067 members, 7,956,982 topics. Date: Tuesday, 24 September 2024 at 01:20 AM |
Nairaland Forum / Nairaland / General / Business / BREAKING: Central Bank Of Nigeria Announces New ‘flexible’ Forex Regime (794 Views)
CBN On Fire - No Fire Scare At Central Bank Of Nigeria - Confirmed Reports / CBN Adopts Flexible Exchange Rate Policy / Naira Depreciates Further As Dealers Await New FX Regime (2) (3) (4)
(1) (Reply)
BREAKING: Central Bank Of Nigeria Announces New ‘flexible’ Forex Regime by ceaser: 3:48pm On Jun 15, 2016 |
The value of the Nigerian currency was today devalued to the dollar as the Central Bank of Nigeria announced a flexible foreign exchange regime that would see the country abolishing the dual exchange rate regime. Under the new plan, the official exchange rate of the naira will exist in a "single flexible window," which will likely be determined by market forces. The announcement end months of speculation about the official value of the Nigerian currency. The value of the Nigerian currency was today devalued to the dollar as the Central Bank of Nigeria announced a flexible foreign exchange regime that would see the country abolishing the dual exchange rate regime. Picture: Godwin Emefiele; CBN governor.
|
Re: BREAKING: Central Bank Of Nigeria Announces New ‘flexible’ Forex Regime by Whizzcute(m): 4:05pm On Jun 15, 2016 |
source? |
(1) (Reply)
10 Mindsets Of Billionaires / Currency Exchange / Do You Say 'HELLO' When Picking Up The Phone? Read Why!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12 |