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Description
On 17 February 2015, the Central Bank of Nigeria (CBN) banned access to foreign exchange auctions, introduced constraints on local banks and devalued the national currency, the Naira. The CBN closed...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
17 Feb 2015
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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