NewsBreakNigeria
USD/NGN 1,329.83GBP/NGN 1,777.57USD/NGN black market ₦1,395 ▴0.2%GBP/NGN black market ₦1,880EUR/NGN 1,526.33JPY/NGN 8.47CAD/NGN 950.42
USD/NGN 1,329.83GBP/NGN 1,777.57USD/NGN black market ₦1,395 ▴0.2%GBP/NGN black market ₦1,880EUR/NGN 1,526.33JPY/NGN 8.47CAD/NGN 950.42

IMF warns financial shocks alone do not justify FX intervention

The International Monetary Fund (IMF) has cautioned that evidence of financial shocks in foreign exchange markets does not, on its own, justify central bank intervention, stressing the need for a broader assessment of…

Aggregated · originally by Nairametrics
18 Sept 2026, 13:33 WAT · 3 min read
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IMF warns financial shocks alone do not justify FX intervention

The International Monetary Fund (IMF) has cautioned that evidence of financial shocks in foreign exchange markets does not, on its own, justify central bank intervention, stressing the need for a broader assessment of…