Nigerian central bank attacks ‘unpatriotic’ critics of forex regime
Reserves under pressure due to “huge fall” in earnings, bank admits
Nigeria's central bank has attacked unnamed critics of its foreign exchange regime as "unpatriotic" in a strongly worded statement issued today (January 27). It also spoke with unusual frankness about the pressures on the country's forex reserves.
The Central Bank of Nigeria (CBN) said it had "observed with great concern the continued and unwarranted attack on its policies by a group of Nigerians" whose "real interests" were "self-serving and unpatriotic".
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