Nigeria Records $24bn FX Inflow In Q1 2024: CBN - Politics - Nairaland
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| Nigeria Records $24bn FX Inflow In Q1 2024: CBN by Mateco556: 3:14pm On Jun 26 |
The Central Bank of Nigeria (CBN) announced a significant milestone in the country’s foreign exchange market, recording a total inflow of $24 billion in the first quarter of 2024. This figure, as revealed by CBN Governor Olayemi Cardoso, marks a substantial increase of about 50% compared to previous quarters dating back to 2021. In a detailed interview with Bloomberg TV, Cardoso attributed the impressive inflow to the effective monetary policies and measures the CBN has implemented to stabilize the forex market. He highlighted that these efforts have not only boosted FX liquidity but also contributed to... https://ratecaptain.com/nigeria-records-24bn-fx-inflow-in-q1-2024-cbn/ |
| Re: Nigeria Records $24bn FX Inflow In Q1 2024: CBN by DeLaRue: 3:23pm On Jun 26 |
Excellent. The most economically radica and imaginative government in Nigeria's history. |
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