CBN may need to sterilise FX inflows from increased oil prices to curtail inflation – IMF

Premium Times

CBN may need to sterilise FX inflows from increased oil prices to curtail inflation – IMF

IMF issued the advisory in its latest Article IV consultation report on Nigeria, noting that while rising crude oil prices could boost foreign exchange inflows into the country, it is capable of driving inflation higher. The post CBN may need to sterilise FX inflows from increased oil prices to curtail inflation – IMF appeared first on Premium Times Nigeria .

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