Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed

The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of the central bank’s interest rate to 13%, which […] The post Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed first appeared on PR Business News Wire.
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