CBN Cannot Meet Forex Needs As Monthly Demand Hits $4.8b - Business - Nairaland
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| CBN Cannot Meet Forex Needs As Monthly Demand Hits $4.8b by OmoAbi(m): 11:13am On Nov 22, 2016 |
Only 13.75% of demand met in September defends forex policy decision, high lending rates $66b spent on lifestyles, importing goods that can be locally produced in 11yrs The Central Bank of Nigeria (CBN) has said it cannot meet the country’s monthly demand for $4.8 billion foreign exchange. In september, only 13.75 per cent of the demand for foreign exchange was met... read more http://www.bookspen.com/cbn-cannot-meet-forex-needs-monthly-demand-hits-4-8b/ 1 Like |
| Re: CBN Cannot Meet Forex Needs As Monthly Demand Hits $4.8b by aleshsenior2000(m): 1:15pm On Nov 22, 2016 |
CBN alone certainly can never meet up with the demand. |
| Re: CBN Cannot Meet Forex Needs As Monthly Demand Hits $4.8b by afanide: 3:39pm On Nov 22, 2016 |
and yet they enacting policies that will prevent the banks and common man from trading forex |
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