The International Monetary Fund warned on the valuation of the naira as the Central Bank of Nigeria managed external reserves to defend the currency.
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What happened
The International Monetary Fund warned on the valuation of the naira as the Central Bank of Nigeria managed external reserves to defend the currency.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Chike-Obi advises on Nigeria's reserve policy regarding the naira.1 source
IMF warns on naira valuation while Central Bank defends it.1 source
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The entities involved
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naira
currency of the Federal Republic of Nigeria
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International Monetary Fund
international financial institution
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Nigeria
sovereign state in West Africa
Related events
- The International Monetary Fund assessed Nigeria's financial system, which is managed by the Central Bank of Nigeria (CBN) and involves the naira currency.
- Real estate investment in Nigeria uses naira.
- Land transactions in Nigeria are currently valued using the Naira currency.
- Nigeria presented at IMF annual meetings in 1995.
- The IMF acknowledged improving economic indicators in Nigeria in 1995.