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The association's Senate leader, Akinteye Babatunde, in an interview with our correspondent on Thursday, noted that the apex bank should be able to make decisions independently, free from undue influence or interference from the government.
The United States dollar at the official market on Tuesday. It closed at N1433/dollar, compared to N1419/dollar recorded on Monday.
Bank Directors Association of Nigeria says it is supportive of the CBN directive asking commercial banks to stop hoarding’ foreign currencies.
The Central Bank of Nigeria has said that it has no plan to convert domiciliary account holdings into naira.
The CBN has expressed concern over the growth in foreign currency exposures of banks through their Net Open Position.