Home Business Nigeria to announce flexible currency regime on Wednesday

Nigeria to announce flexible currency regime on Wednesday

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ABUJA   – Nigeria’s central bank will announce a more flexible foreign currency policy on Wednesday, a bank spokesman said on Tuesday.

Last month the central bank said it would move away from a peg of the naira to the dollar but has not given any details yet. Central bank governor Godwin Emefiele will unveil the new policies at a news conference, the spokesman said.(Reuters)

 

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