Gregory Kronsten

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Last quote by Gregory Kronsten

This is a major about-turn. The central bank has traditionally favoured a managed rate and preferred a strong currency to contain inflation. It seems the CBN is eager the market captures forex from remittances (international money orders) as well as FDI (Foreign Direct Investment).
Jun 15 2016
This page is completely dedicated to what Gregory Kronsten has to say. All of Gregory Kronsten’s quotes are organized here by date and topic. The most recent quote attributed to Gregory Kronsten came from an article called Nigeria to abandon naira peg in favour of open market trading: “This is a major about-turn. The central bank has traditionally favoured a managed rate and preferred a strong currency to contain inflation. It seems the CBN is eager the market captures forex from remittances (international money orders) as well as FDI (Foreign Direct Investment)”.
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