Naira to dollar exchange rate: CBN clears air on new policy actions on forex

The Central Bank of Nigeria has cleared the air on viral reports of new policy actions in the foreign exchange market.

The CBN made this known Thursday night in its official X, formerly Twitter handle.

According to the apex bank, the purported Press Release dated February 20, 2017, should be disregarded.

“We would like to bring to your attention that the attached images currently circulating on social media are from an old Press Release dated 20th February, 2017, and should be disregarded”, CBN wrote.

Recal that that the CBN floated the Naira in the foreign exchange market in June.