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Tag: Monetary Policy Rate (MPR) Cash Reserve Ratio (CRR)

Foreign Reserves Depreciated By $790m

Foreign Reserves Depreciated By $790m       Nigeria’s foreign exchange reserves have depreciated by $790 million despite the rise in crude oil prices. The foreign reserves stood at $34.43 billion as at May 17 data from the Central Bank of Nigeria (CBN) website showed. Managing Director, Financial Derivatives Company...