And Goes: “I believe it’s in line with the CBN’s rate unification goal, as it could reduce the pressure on the parallel market. This should move much of the forex demand for the 43 items to the investors and exporters window, if well managed with the needed increment of Forex supply to the window. Read More
Else, the importers will wait inline for official forex, get frustrated and return to the parallel market.” Photo Credit: Dr. Yemi Cardoso, C’Lawrence, Facebook