Wednesday, 08 September 2021 05:54

Adequate supply of foreign exchange, not value of the Naira important to us - CBN

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Central Bank of Nigeria (CBN) is worried about boosting dollar supply on the currency market and not valuation of the naira, its director of monetary policy Hassan Mahmud said on Tuesday.

“We are not really bothered much about valuation. What we are worried about is the supply side and the confidence in the system,” Mahmud told a virtual investor conference.

 

Reuters