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JenneteUgo Anya
- August 6, 2024
CBN To Implement FX Dutch Auction System To Stabilise Market
In a strategic move to address the persistent foreign exchange (FX) fluctuations in Nigeria’s forex market, the Central Bank of Nigeria (CBN) has announced the introduction of a Retail Dutch Auction System. The system is scheduled to commence on Wednesday, 7 August 2024. This decision comes in response to the significant increase in demand for […]
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