CBN won’t devalue the Naira, says Gwadabe

CBN won’t devalue the Naira, says Gwadabe

The Central Bank of Nigeria has no plans to devalue the naira, the head of a money changers’ body said after meeting policy makers. Officials are “not looking at devaluation” as rising oil prices boost reserves, according to the Association of Bureaux De Change Operators of Nigeria. The naira was little changed at 315.34 per dollar…

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