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BDC MARKET

Currencies

Foreign exchange swaps fuelling decline in Nigeria’s FX reserves – MPC member

A member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Bamidele A.G. Amoo, has said that the decline in Nigeria’s foreign exchange (FX) reserves was mainly due to foreign exchange swap transactions.

Sami Tunji · Apr 30, 2024 2 min