"The Corona crisis will shrink the inflow of dollars. Hopefully, this is temporary, no more than a few months. CBN can allow some downward pressure on the naira without energetically intervening to defend the exchange rate. Only if and when the rate seems that it might dip precipitously should the CBN intervene."
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Bola Tinubu, Adresses Federal Government on COVID-19:(April 2020)
https://en.wikiquote.org/wiki/Nigeria
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Nigeria
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