Nigeria central bank breaches its forex band ahead of rate meeting – Reuters
BusinessDay |
Nigeria central bank breaches its forex band ahead of rate meeting
Reuters LAGOS, Nov 25 (Reuters) – Nigeria's central bank sold dollars outside its preferred currency band at its forex auction on Monday, signalling it could shift the band to weaken the naira after its policy meeting on Tuesday, dealers said. The central bank … Nigeria central bank devalues naira to halt losses to forex reserves Nigeria devalues naira by 8 pct to protect forex reserves during oil slump CBN Devalues Naira to Curb Pressure on Forex Reserves |
