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Net Forex Inflow Drops By 47% To $25bn

Net Forex Inflow Drops By 47% To $25bn   Net foreign exchange, forex, inflow to the economy fell 47 per cent, year-on-year, YoY, to $25.05 billion in 10 months to end of October last year. The decline was driven by a 27 per cent fall in forex...

Net Forex Inflow Drops By 30% To $2.69bn As Outflow Rose By 53%

Net Forex Inflow Drops By 30% To $2.69bn As Outflow Rose By 53%   The members of the Central Bank of Nigeria’s, CBN, Monetary Policy Committee, MPC, have called on the apex bank to carry out a comprehensive review of the foreign exchange market operations in...