Ulysses NEWS - CBN’s Desperate Moves to Save the Naira - Vanguard Ulysses NEWS - CBN’s Desperate Moves to Save the Naira - Vanguard

Sunday, March 8, 2009

Ulysses NEWS - CBN’s Desperate Moves to Save the Naira - Vanguard

With all attempts to save the naira from further going down proving tough, the CBN is now reversing its previous policies all in a bid to find a lasting solution to the dwindling value of the currency at the foreign exchange market, Lucky Fiakpa Champlain NEWS

MUMBAI: Many Indian companies are looking for an answer on how best to handle foreign exchange losses, as they prepare to close their books for the year. A fallout of an unexpectedly volatile currency market, these are losses on currency forwards and Champlain NEWS

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