Nigeria Seek Dollar Loan Over Naira Pressure
16 ott 2023 ·
1 min. 3 sec.
![Nigeria Seek Dollar Loan Over Naira Pressure](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/d1a01062a53ba538834b7f38dd0734e3.jpg)
Scarica e ascolta ovunque
Scarica i tuoi episodi preferiti e goditi l'ascolto, ovunque tu sia! Iscriviti o accedi ora per ascoltare offline.
Descrizione
The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek a loan from the Fund to stabilise the currency if it considers...
mostra di più
The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek a loan from the Fund to stabilise the currency if it considers a good option.
The Washington-based lender however noted that recent exchange reforms and other steps taken by the Nigerian authorities were in order.
It also expressed support for Olayemi Cardoso-led Central Bank of Nigeria’s last week’s decision to halt the eight-year foreign exchange ban on cement, rice, poultry products and 40 other items.
IMF said inflation in Nigeria was till high at 26 per cent in August while the naira continued to be under pressure.
mostra meno
The Washington-based lender however noted that recent exchange reforms and other steps taken by the Nigerian authorities were in order.
It also expressed support for Olayemi Cardoso-led Central Bank of Nigeria’s last week’s decision to halt the eight-year foreign exchange ban on cement, rice, poultry products and 40 other items.
IMF said inflation in Nigeria was till high at 26 per cent in August while the naira continued to be under pressure.
Informazioni
Autore | Africa Business Radio |
Sito | - |
Tag |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company