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Home Business & Finance Business

‘Completely false’ CBN denies taking down exchange rate from its website

Freelanews by Freelanews
November 9, 2021
in Business
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CBN EMEFIELE PS scaled

The Central Bank of Nigeria (CBN) has dismissed claims that it has removed the foreign currency rate from its website.

According to a source within the Central Bank of Nigeria, this is the case.

According to media sources, the CBN removed the N411.29/$1 exchange rate from its website’s homepage.

However, the exchange rate on the website remains $411.32, which corresponds to the rate published on the Investors and Exporters page as of Nov 08 2021.

According to reports retrieved from CBN senior official, who stated that the story of the exchange rate removal from the website is “absolutely incorrect.”

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He invited people to go to the website and confirm for themselves.

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