“Nigeria banned interbank foreign currency trading to help shore up the naira, which has lost about 20 percent since Nov. 26 [2008], when the government let it weaken rather than defend the currency by running down foreign reserves.”
“Nigeria banned interbank foreign currency trading to help shore up the naira, which has lost about 20 percent since Nov. 26 [2008], when the government let it weaken rather than defend the currency by running down foreign reserves.”
Mother Africa.
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