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Banks’ determination of dollar exchange rates will boost capital inflows —IMF

The International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to allow commercial banks to determine dollar buy-sale rates to boost foreign capital flows to the economy. The Fund said a unified and market-clearing exchange rate remains critical to enhancing confidence of foreign investors in the economy. The IMF, which made the […]
Banks’ determination of dollar exchange rates will boost capital inflows —IMF
Tribune Online