Naira expected to appreciate to N1200/$ in 12 months — Goldman Sachs

Tribune Online Naira expected to appreciate to N1200/$ in 12 months — Goldman Sachs Global investment bank Goldman Sachs has projected that the Nigerian naira will gain more ground against the US dollar in the next twelve months. The bank projected the exchange rate of the local currency to the greenback at N1200/US$ in the short term on the back of policy reforms that could support the currency’s recovery. […] Naira expected to appreciate to N1200/$ in 12 months — Goldman Sachs Tribune Online

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