Bank of America Predicts Further Decline Of Naira Value
Bank of America has predicted that naira will weaken further in the coming year (2023), such that its value may drop by 20%. In a note to his clients cited by BizWatch Nigeria, Tatonga Rusike, an economist, argued that “the naira is overvalued based on three indicators: the parallel rate, the central bank’s real effective … Continue reading Bank of America Predicts Further Decline Of Naira Value
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