The Central Bank of Nigeria (CBN) yesterday refuted reports that it had floated the naira, Nigeria's currency.
The Director, Corporate Communications, CBN, Mr. Isaac Okoroafor, stated this in a text message to THISDAY, in reaction to a Bloomberg report that the bank had signaled it would float the naira and allow it to weaken past its official rate as it gradually unwinds its regime of multiple exchange rates.
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