Nigeria’s forex market still unstable, says Fitch

Punchng | 04-11-2024 01:36pm |

Nigeria’s foreign exchange market has yet to stabilise despite several initiatives by the Central Bank of Nigeria, Fitch Ratings, a global rating agency, has said. This view slightly contrasts with a report by the International Monetary Fund, which suggested that the naira was showing signs of stability, owing to recent interest rate hikes and CBN Read More

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