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CBN advisory body demands urgent review of forex policy

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ABUJA, FEBRUARY 16, 2017 – A  Central Bank of Nigeria advisory body on Thursday demanded an urgent review of the bank’s foreign exchange policy.

“(National Economic) Council members generally expressed concern over the current situation of the exchange rate and called for an urgent review of the current forex policy, especially the gap between interbank and the parallel market rates,” Silas Ali Agara, deputy governor of Nasarawa state, after the council met.

 

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