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Nigeria defends FX policy

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Nigeria defends FX policy

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CBN dollar rate foreign exchange forex market Nigeria forex Tosin Osunkoya

News : Business

Nigeria defends FX policy

By CNBC Africa
27 Jan 2017 | 3:59 pm | 7m 11s

Following criticism for pegging the naira at an artificially strong rate to the dollar despite heavy inflationary pressure, the Central Bank of Nigeria has called those opposing the current foreign exchange framework, 'unpatriotic'.

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