CBN bets on rules to stabilise FX market

For years, Nigeria’s foreign exchange market has been shaped as much by uncertainty as by supply and demand. Importers complained about delays and documentation bottlenecks. Exporters often questioned whether existing procedures encouraged them to repatriate earnings through official channels. Investors worried about policy reversals and access to foreign exchange. The banks found themselves navigating changing Read More: https://punchng.com/cbn-bets-on-rules-to-stabilise-fx-market/

By Punch Newspapers