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Yuletide offers hope for weak naira amid negative forecast 

• Currency volatility index decelerates to 7.4 per cent• Gross foreign reserves cross $40b first time in nearly three years• CBN continues liquidity hunting, ‘courts’ IMTOs• Monetary, fiscal rigidities pose fresh medium-term risks With summer holidays and foreign school tuition payment pressure now at their tail ends, market analytics have suggested that the bleeding naira […]