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CBN issues new directives to banks on foreign exchange risks

The CBN has expressed concern over the growth in foreign currency exposures of banks through their Net Open Position.

Hassan mahmudCentral bankNet openNet open positionGross aggregate

CBN Unveils New Measures for Banks to Manage Forex Risks

By Tony Obiechina, Abuja In a bid to manage risks and prevent potential losses with systemic implications, the CBN on Wednesday issued stringent prudential requirements for banks. The requirements are contained in a circular addressed to all banks and signed by the duo of the apex bank’s Director of Trade and Exchange, Hassan Mahmud, and

Abuja federal capital territoryHassan mahmudTony obiechinaBanking supervisionGross aggregateNet open positionsForeign currency trading positions

CBN Issues New Directives To Banks On Foreign Exchange Risks

CBN Issues New Directives To Banks On Foreign Exchange Risks
thebridgenewsng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebridgenewsng.com Daily Mail and Mail on Sunday newspapers.

Hassan mahmudCentral bankNet openNet open positionGross aggregate

Partner Insight: Catching the inflection point in bond markets

Fixed income markets were volatile for most of last year over stickier-than-expected inflation and a historic tightening of monetary policy from central banks. But.

Fidelity internationalGross aggregateSterling corporateSustainable moneybuilder incomeShort dated credit bond

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