“CBN Defended Naira With $26.6bn in 2013”: True or False?
The Punch Newspaper recently carried a report titled “CBN Defended Naira with $26.6bn in 2013.” The report, apparently obtained from the Central Bank’s website, indicated that this amount was sold to currency dealers in 94 foreign exchange Dutch Auctions between January and December 2013. Indeed, in consonance with Lamido Sanusi’s promise to maintain stability, the […]Read More