CBN Explains Naira Depreciation in Forex Markets and Implements Measures to Stabilize the Currency
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#f4e83713 ver:1.69

The CBN explains Naira depreciation due to increased seasonal demand for forex. Despite poor performance, CBN remains committed to market-determined exchange rate. Measures taken to stabilize Naira include targeting BDC operators and updating regulations. Removal of caution deposit for tier-1 BDC license holders. BYBIT and BITGET identified as threats to Naira. #CBN #NairaDepreciation #ForexMarkets #StabilizeCurrency...

#newstr #Cbn #Naira #ForexMarkets #Depreciation #BureauDeChangeOperators #CryptoExchangePlatforms 

 https://here.news/story/f4e83713?ver=1.69