Forex: CBN threatens banks, to create complaint desk

Says it has enough forex

•As MPC retains rate at 11.5 %

By Emma Ujah,  Abuja Bureau Chief

MONEY MARKET

The Central Bank of Nigeria (CBN) has assured members of the public that there was enough foreign exchange for them to meet their obligations.

This comes against recent complaints from a cross section of the private sector, especially manufacturers, over difficulty in obtaining forex for importation of production inputs as well as repatriation of dividend by foreign investors and payment of school fees of Nigerians schooling abroad.

Giving the assurance in Abuja at the end of…