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Nigeria MPC Decision On Naira with Gregory Kronsten

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Uploaded by on Nov 22, 2011

(www.abndigital.com)
The Nigeria MPC decided yesterday to adjust the US Dollar, Naira target band from 150 to 155. The naira hit an all-time low of 167.4 in October, prior to sharp monetary tightening measures which have since stabilised the local currency.
For more insight into the decision, ABN's Alishia Seckam crosses to London to speak with Gregory Kronsten at FBN Capital.

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