CBN working to stabilize naira, says Cardoso
THE Central Bank of Nigeria (CBN) has said All possible East be do has reach A stable stranger exchange (effects) rate.
This was disclosed has THE weekend by THE CNB governor, Olayemi Cardoso, during A press conference detained has THE International Monetary Funds (IMF) And World Bank Band annual meetings.
Cardoso Also said THE CNB East functioning has ensure that THE exchange rate find It is adequate price Discovery level.
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He said, "Again, has be honest, I think We should to wait for that there will be increase here And there, UPS And down And even Since What You to have reported yesterday, Since What I gather, THE Naira has begin reinforcement during the night.
"SO I think THE most important thing has say here East that We are TO DO All possible has ensure that We to have A stable exchange rate And A exchange rate that find It is adequate price Discovery level."
According to has him, THE local currency will continue has appreciate against stranger currencies.
On diaspora remittances, Cardoso said THE summit banks target East has double THE here flows, although THE target can appear ambitious, but he was optimistic that THE country will be able has reach that.
Cardoso declared that Nigeria will continue has to commit Investors, discuss THE State of THE reforms implemented SO far, as there has has been positive answer Since stranger wallet investors (FPI).
He said, "They are part of A process of continuous engagement. And he East SO critical that We to use any of them opportunity We can has dialogue with investors And has update them on THE State of THE reforms that to have taken place. »
ALSO READ: Olubadan-designate, Oba Olakulehin, assists First of all religious function after appointment
Keywords: CardosoCBNNaira
THE Central Bank of Nigeria (CBN) has said All possible East be do has reach A stable stranger exchange (effects) rate.
This was disclosed has THE weekend by THE CNB governor, Olayemi Cardoso, during A press conference detained has THE International Monetary Funds (IMF) And World Bank Band annual meetings.
Cardoso Also said THE CNB East functioning has ensure that THE exchange rate find It is adequate price Discovery level.
Related Posts
He said, "Again, has be honest, I think We should to wait for that there will be increase here And there, UPS And down And even Since What You to have reported yesterday, Since What I gather, THE Naira has begin reinforcement during the night.
"SO I think THE most important thing has say here East that We are TO DO All possible has ensure that We to have A stable exchange rate And A exchange rate that find It is adequate price Discovery level."
According to has him, THE local currency will continue has appreciate against stranger currencies.
On diaspora remittances, Cardoso said THE summit banks target East has double THE here flows, although THE target can appear ambitious, but he was optimistic that THE country will be able has reach that.
Cardoso declared that Nigeria will continue has to commit Investors, discuss THE State of THE reforms implemented SO far, as there has has been positive answer Since stranger wallet investors (FPI).
He said, "They are part of A process of continuous engagement. And he East SO critical that We to use any of them opportunity We can has dialogue with investors And has update them on THE State of THE reforms that to have taken place. »
ALSO READ: Olubadan-designate, Oba Olakulehin, assists First of all religious function after appointment
Keywords: CardosoCBNNaira
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