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Naira crashes to N465/ USD as CBN issues new directives on domiciliary accounts usage


adekunle at Vanguard News
Naira came under fresh pressures in the parallel market Wednesday, the Central Bank of Nigeria, CBN, issued more directives restricting usage of domiciliary accounts by bank customers, apparently to stem the pressures and improve official supply of foreign exchange to the interbank market. The post Naira crashes to N465/ USD as CBN issues new directives on domiciliary accounts usage appeared first on Vanguard News.

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