Scoops, not Signals appear to guide monetary policy anticipation

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Monday, January 11, 2016 5.35 PM / News

TheWILL newspapers is reporting that the Central Bank of Nigeria (CBN) has “perfected plans to rejig forex restrictions‎ in the country”.

The news report states that:

“According to a top government source, who spoke exclusively to THEWILL, the new rules will allow customers deposit foreign exchange in cash directly into local banks while the CBN will no longer sell forex directly to Bureau De Change operators in the country.”

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