The Central Bank of Nigeria, CBN said the apex bank is assiduously to achieve a stable foreign exchange rate.
Cardoso said the financial regulator is also working to ensure that the exchange rate finds its adequate price discovery level. “So I think the most important thing to say here is that we are doing everything possible to ensure that we have a stable exchange rate and an exchange rate that finds its adequate price discovery level.”On diaspora remittances, Cardoso said the bank’s target is to double the present flows.
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