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| Nigerian foreign exchange operators will operate under new regulations from June 20, 2016. Photo: Reuters/Afolabi Sotunde |
*Treasurers want ₦1tr mop-up for stability *Policy raises
concern over write-offs, bad loans
As the flexible exchange
rate policy takes off today, there is no less than US$4 billion worth of unmet
demand, which has raised a new concern over its clearance within the targeted
four weeks.
