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2 naira to the pound. Although the naira has gone through multiple regime changes over the years it is at present classified as a managed float. Nigeria suffers from the unique situation that the government is the main recipient, and therefore supplier, of foreign exchange in the economy, through o
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Corporation. • A Certificate of Currency Importation (CCI) is required for foreign investors to buy FX. These are issued when FX is imported into Nigeria. • The central bank uses a monetary targeting regime. Under this regime, it uses policy instruments to influence its targets, the reserve and broa
e was published.) Avg. ticket size: Bid/ask spread: Ref. source: USD 1-2mn NGN 5.00 - 7.00 Reuters page <NIFEX01>, BBG page: NGN FM DA <CRNCY> Deutsche Bank Securities Inc. Page 71 CONFIDENTIAL - PURSUANT TO FED. R. CRI M. P. 6(e) DB-SDNY-0076874 CONFIDENTIAL SDNY_GM_00223058 EFTA01379412
and United Kingdom Denmark Norway Sweden Switzerland Canada Australia New Zealand EEMEA Czech Republic Egypt Hungary Israel Kazakhstan Nigeria Poland Romania Russia Saudi Arabia South Africa Turkey Ukraine United Arab Emirates Asia (ex-Japan) China Hong Kong India Indonesia Kor
EC2N 2EQ United Kingdom Tel: (44) 20 7545 8000 Deutsche Bank AG Grote GallusstraRe 10-14 60272 Frankfurt am Main Germany Tel: (49) 69 910 00 Deutsche Bank Securities Inc. 60 Wall Street New York, NY 10005 United States of America Tel: (1) 212 250 2500 Deutsche Bank AG Filiale Hongkong International Commerce Cent
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