0

Can The CBN Support A Strong Naira

If statement is true, this points to an artificially strong naira going forward.

Should supply of foreign exchange not improve to the CBN Interbank market, then a strong Naira cannot be maintained

The ONLY way to ensure a weak Naira which will boost exports is a reduction in demand of forex by increasing supply to the CBN Interbank market.

 

Leave a Reply

Your email address will not be published. Required fields are marked *