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CBN Orders Banks To Sell Excess Dollars | African Examiner

(AFRICAN EXAMINER) - The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves to stabilise the nation’s volatile exchange rate. In a new circular released on Wednesday, the apex bank also warned lenders against hoarding excess foreign currencies for
Hassan Mahmud First Bank Zenith Bank Central Bank Banks To Sell Excess Dollarsposted African Examinerbusiness News

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