Naira Faces Fresh Challenges As It Surpasses N1,160 Against Dollar - Politics - Nairaland
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| Naira Faces Fresh Challenges As It Surpasses N1,160 Against Dollar by Mateco556: 1:32pm On Nov 01, 2023 |
The Nigerian naira has once again crossed a significant threshold in the black market, settling at N1,160 against the US dollar. This development comes amidst growing concerns over the economic impact of geopolitical instability and anticipation of the US Federal Reserve’s interest rate decision, which is set to be announced today. Nigeria, a major oil-producing nation, has struggled to capitalize on the favorable....... https://ratecaptain.com/nigerian-naira-faces-fresh-challenges-as-it-surpasses-n1160-against-dollar/ |
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