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Declining reserves, rising inflation to dominate MPC considerations

AS the nation’s external reserves continued its downward trend for the tenth consecutive week last week,  with month-to-date decline of $948 million, the ten man Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will meet for the 263rd  time today to brainstorm on policy measures to address the economic headwinds of declining external reserves, rising inflation and slowdown in economic growth

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