Goldman Sachs Analysts Forecast Naira Appreciation to N1,200/$ in 12 months

Goldman Sachs analysts Andrew Matheny and Bojosi Morule have projected a significant turnaround for Nigeria’s currency, foreseeing a remarkable appreciation to N1,200 against the US dollar within the span of 12 months. This optimistic forecast marks a monumental shift from the prevailing narrative of the naira’s undervaluation, promising a substantial recovery for the embattled currency. […] The post Goldman Sachs Analysts Forecast Naira Appreciation to N1,200/$ in 12 months appeared first on Tekedia.

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