Industry experts see the CBN still being able to bring down rates both tactically and explicitly by 2H 2015 despite the present tough monetary environment. The Naira has depreciated by 7.2 per cent against the dollar from the beginning of the year, rising from N159 per USD to N172.39 per USD Ytd. A
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp