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Nigeria’s Apex Bank Explains Currency Devaluation

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Posted by: CareTaker on December 17, 2008 Under: News Snips, Nigeria



THE Governor of Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, said on Tuesday that the devaluation of the nation’s currency, the naira, against some world currencies was a deliberate policy by the government to ensure internal and external balance for the economy. – Nigeria Tribune.

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