Business Devaluation: Anxiety over Naira as reserves shed US$2bn in October – Newtelegraph

[Nigeria Business News]

Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank of Nigeria (CBN) on Tuesday, October 30, 2018 to meet the requests of their customers.

This is one in the series of intervention of the apex bank as a result of the rise in the US interest rate...



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