Edun said President Bola Tinubu on Thursday signed two executive orders to support the currency market, which has been on a freefall due to chronic dollar shortages.
He said the government would allow domestic issuance of instruments in foreign currency and also allow all cash outside the banking system to be brought into the banks.A surprise first place for Argentina's ruling Peronists in a general election on Sunday could temper market fears about a runaway win for libertarian radical Javier Milei who has pledged to dollarize the economy and shut the central bank.
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