CBN Refutes Issuing Fresh Policy Measures on Forex .

CBN Refutes Issuing Fresh Policy Measures on Forex

 


The Central Bank of Nigeria has refuted the circulating rumors regarding new policy actions in the foreign exchange market. In an official communication via its previously known Twitter handle, now called X, the CBN clarified this matter on Thursday night.

The apex bank stated that the Press Release dated February 20, 2017, which has been circulating, should not be given any credence. 

"We wish to inform you that the images currently circulating on social media are derived from an outdated Press Release issued on February 20, 2017. These images should be dismissed," the CBN emphasized.

It is noteworthy that the CBN implemented the floating of the Naira in the foreign exchange market in June.

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