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Showing posts with label BAKING. Show all posts
Showing posts with label BAKING. Show all posts

Tuesday, May 19, 2015

Dollarisation: Banks peg domiciliary account balance at $10,000

Dollarisation: Banks peg domiciliary account balance at $10,000 

In an apparent move to check the trending dollarisation of the Nigerian economy and cut down huge dollar liquidity in the system, banks are now directing their customers to keep to a maximum of $10,000 balance in their domiciliary accounts.

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