Some finance and economic experts have said that the decision of the Central Bank of Nigeria (CBN) to discontinue the forex exclusion policy on the 43 items will lead to naira rebound at both the official and the Bureau de Change segments of the Nigerian Foreign Exchange Market (NFEM).
On Thursday, the new CBN boss, Yemi Cardoso, lifted the restriction placed by the former CBN governor, Godwin Emefiele, on the importation of 43 items including rice, cement, and palm oil.
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