1. Home
  2. bitcoin.com
  3. Nigeria Central Bank Governor Defends Naira Float Decision
Nigeria Central Bank Governor Defends Naira Float Decision
bitcoin.com
Exchange rate
naira
News
News Bytes
Newsbyte-3
0

Nigeria Central Bank Governor Defends Naira Float Decision

0
Nigeria Central Bank Governor Defends Naira Float Decision
now viewing

Nigeria Central Bank Governor Defends Naira Float Decision

VeraViews Integrates OnDemand’s Advanced AI Technology to Transform Ad Fraud Detection
now playing

VeraViews Integrates OnDemand’s Advanced AI Technology to Transform Ad Fraud Detection

Bank of England leaves rates unchanged as inflation climbs to eight-month high
now playing

Bank of England leaves rates unchanged as inflation climbs to eight-month high

Coinbase To Delist WBTC After Judge Gives Thumbs Up
now playing

Coinbase To Delist WBTC After Judge Gives Thumbs Up

10% of Ethereum validators signal gas limit increase
now playing

10% of Ethereum validators signal gas limit increase

Bitcoin on Cusp of Rallying Higher as One Indicator Turns Bullish, Says Kevin Svenson – But There’s a Catch
now playing

Bitcoin on Cusp of Rallying Higher as One Indicator Turns Bullish, Says Kevin Svenson – But There’s a Catch

BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change
now playing

BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change

Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s .55 Million Demand
now playing

Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand

Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria
now playing

Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria

El Salvador makes Bitcoin payments voluntary in .4B IMF loan deal
now playing

El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal

Bitcoin price drops to 0.3K after Fed rate cut and Powell’s revised 2025 inflation outlook
now playing

Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook

Source: Bitcoin.com

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates encouraged arbitrage and speculation, eroding market trust. He highlighted the positive impact of the decision on reducing […]

Go to Source
Author: Bitcoin.com

Related posts:

  1. ‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body
  2. Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings
  3. Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility
  4. Zimbabwe Injects $50 Million to Bolster Devalued Currency
Bitcoin.com
Related Posts
VeraViews Integrates OnDemand’s Advanced AI Technology to Transform Ad Fraud Detection

VeraViews Integrates OnDemand’s Advanced AI Technology to Transform Ad Fraud Detection

Bitcoin.com 0
Bank of England leaves rates unchanged as inflation climbs to eight-month high

Bank of England leaves rates unchanged as inflation climbs to eight-month high

The Crypto Briefing 0
Coinbase To Delist WBTC After Judge Gives Thumbs Up

Coinbase To Delist WBTC After Judge Gives Thumbs Up

Bitcoin.com 0
WordPress Theme by cactus.com
Close

Share this video