Monday, 21 March 2016

EXCHANGE RATE TOPS AGENDA AS MPC MEETS TODAY.



-
            The volatility of the Naira against the Dollar and other world major currency is expected to top the agenda today at the CBN Monetary Policy committee meeting.

-          Economic and financial experts believe the latest MPC meeting will be a hot session due to due fall of the Naira against the Dollars.
-          Lamido Sanusi, former CBN Governor and the International Monetary Fund have called for the devaluation of the naira.
-          The CBN, instead have banned import of some goods and foreign currency supply, pegging the naira at N197.00 to N199.00 for a dollar.
       CULLED FROM THE PUNCH.

No comments:

Post a Comment