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Why Nigeria’s forex reserve is swelling

Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, strengthening the country’s external position and providing additional buffers for the Central Bank of

Olalekan AdigunSeptember 16, 20261 min read
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Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, strengthening the country’s external position and providing additional buffers for the Central Bank of Nigeria (CBN) to manage pressure in the foreign exchange market.

The post Why Nigeria’s forex reserve is swelling appeared first on Nairametrics.

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