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New Forex policy fails to stimulate debt market window

New Forex policy fails to stimulate debt market window
quicknews-africa.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from quicknews-africa.net Daily Mail and Mail on Sunday newspapers.

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No Plans to Make $1 Equal N1.25, CBN Says, Warns Commercial Banks About Spending FX Gains Recklessly

The Central Bank of Nigeria (CBN) has denied a social media story stating that it will soon introduce a policy that will make the dollar at par with the naira soon. ....

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Uflex reports Q1 FY24 consolidated revenue at Rs 3,278-cr

UFlex has announced its financial results for the first quarter ended 30 June 2023. The company posted consolidated revenue of Rs 3,278-crore. The Company’s Earnings before interest, depreciation & amortization, currency devaluation/fluctuation gain/loss, and tax (EBITDA) for this quarter stands at INR 304 crores. The consolidated revenue registered a decrease of 19% YoY, while the sales volume decreased by 7.5% YoY. ....

Rajesh Bhatia , Ashok Chaturvedi , Forex Policy Of The Central Bank , Forex Policy , Central Bank ,

Uflex posts loss of ₹416 cr in Q1 FY24 - The Hindu BusinessLine

Uflex posts loss of ₹416 cr in Q1 FY24 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Uflex posts loss: Uflex Q1 Results: Firm posts loss of Rs 416 crore

The company said it recorded an exceptional loss of Rs 382 crore due to change in the forex policy of the Central Bank of Nigeria in June 2023 which impacted its bottomline. ....

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