CBN has no intention of defending the naira with foreign reserves. — Cardoso
CBN has no intention of defending the naira with foreign reserves. — Cardoso The value of the naira has increased in relation to the dollar in recent weeks, rising by more than 40%, from roughly ₦1,900/$ to roughly ₦1,000/$1. Yemi Cardoso, the Nigerian Central Bank Governor According to Central Bank of Nigeria (CBN)…