CBN releases revised guidelines for Inter-Bank FX market

By Etuka Sunday

CBN Governor, Godwin Emefiele

CBN Governor, Godwin Emefiele

The Central Bank of Nigeria (CBN) has released revised guidelines on the operations of the Nigerian Inter-Bank Foreign Exchange (FX) market.   This, it said was done in line with the objectives of enhancing efficiency and facilitating a liquid and transparent, Foreign Exchange (FX) market. The revised guidelines which was posted on the website of CBN came barely 3 days ‎after the official announcement by CBN's Governor, Mr Godwin Emefiele to float the naira. The Guidelines said:  "CBN shall operate a single market structure through »

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