CBN has capacity to sustain forex intervention, says Analyst

CBN has capacity to sustain forex intervention, says Analyst

The Central Bank of Nigeria (CBN) has the capacity to sustain ongoing foreign exchange (forex) interventions despite the pressure on the foreign exchange reserves, ‘Biodun Adedipe, Chief Consultant of Biodun Adedipe Associates Limited, said on Thursday. This is coming as the nation’s currency on Thursday maintained stability, converging around N366 per dollar at both the investors and exporters…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe

Related Posts