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Description
On 5 August 2015, the Central Bank of Nigeria (CBN) prohibited commercial banks to accept deposits of foreign currency cash. The policy was published in a circular by the CBN's Director of the Trade a...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
05 Aug 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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