CBN guns for stable currency, FPIs as rates hike hurts businesses

Raising the monetary policy rate by yet another 150 basis points (bps) suggests the Central Bank of Nigeria (CBN)’s appetite for short-term foreign exchange (FX) inflow is far from abating.

The post CBN guns for stable currency, FPIs as rates hike hurts businesses appeared first on The Guardian Nigeria News – Nigeria and World News.

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