The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has advised Nigerians to expect an up and down movement in the rate of the foreign exchange while assuring that theapex bank is doing everything possible to achieve a stable FX rate.
He gave the advice on Saturday during a press conference held at the just concluded annual meetings of the International Monetary Fund (IMF) and World Bank Group.
He assured that the financial regulator was also working to ensure that the exchange rate finds its adequate price discovery level.
