Afrinvest says sustaining improvement in FPI could support price, ease FX pressures

Tribune OnlineAfrinvest says sustaining improvement in FPI could support price, ease FX pressuresA Lagos-based investment banking and advisory firm, Afrinvest (West) Africa Limited, has posited that sustaining the improvement in Foreign Portfolio Investment (FPI) could help support a near term easing in price and exchange rate pressures. Although FPIs are less reliable in building sustainable FX buffers (due to their characteristic nature of flight to safety), the [...]Afrinvest says sustaining improvement in FPI could support price, ease FX pressuresTribune Online

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