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Questions tagged [intervene]

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Eleonora Eleonora Thu Jan 30 2025 | 5 answers 1166

Will Nigeria's Central Bank intervene in the foreign exchange market?

I'm wondering if Nigeria's Central Bank will step in to regulate the foreign exchange market, considering the current economic situation and fluctuations in currency rates.

Will Nigeria's Central Bank intervene in the foreign exchange market?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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