Naira appreciates against US dollar after CBN rejects IMF, World Bank reform advice
The Nigerian currency appreciated against the United States currency after the Central Bank of Nigeria (CBN) boldly rejected the call by International Monetary Fund (IMF) and World Bank to allow market forces to determine the exchange rate. Data from FMDQ securities at the last trading day of last week showed naira closed at $418.33 to … [Read more…]