cbn statement, 2010-04-16
The Committee observed that the naira exchange rate has remained stable in all segments of the market during the first quarter and believes that if the current exchange rate policy stance of liberalizing the foreign exchange market, with a view to enhancing foreign exchange supply, remains in place, the relative stability in the foreign exchange market and the exchange rate, is likely to be sustained in the near term.
Sentiment: neutral
Topic: mp_exchange_rate