Speculators panic as $1.31bn FPI inflows, market reforms narrow exchange rate gap

Tribune Online
Speculators panic as $1.31bn FPI inflows, market reforms narrow exchange rate gap

Experts laud CBN for driving rate convergence SPECULATORS have been thrown into confusion as $1.31 billion in foreign portfolio investment (FPI) inflows and aggressive reforms by the Central Bank of Nigeria (CBN) continued to narrow the gap between the official and parallel (black) foreign exchange markets. This shift marked a major turnaround in Nigeria’s forex […]

Speculators panic as $1.31bn FPI inflows, market reforms narrow exchange rate gap
Tribune Online