Nigeria signals intention to retain multiple exchange rate regime in 2018

Nigeria signals intention to retain multiple exchange rate regime in 2018

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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