Nigeria signals intention to retain multiple exchange rate regime in 2018

by | October 23, 2017 1:35 am

Nigeria will not move for full unification of its current multiple exchange rates regime, going by the decision to peg the naira/dollar exchange rate at the official Central Bank of Nigeria rate of N305 to the US$ in the proposed 2018 budget. Given that the Federal Government’s blueprint for economic growth- the Economic Recovery and…

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