Experts Predict Steep Devaluation Of Naira After Election

Monetary authorities are expected to push through a devaluation of the naira after elections in February by the steepest margin in six years to align it with market perceptions, according to a survey of investors and analysts. Nigeria operates a multiple exchange regime dominated by a tightly controlled official rate, cutting off access to many … Continue reading Experts Predict Steep Devaluation Of Naira After Election