Naira Sustains Bullish Stance Despite Dollar’s Aggressive Gains - Business - Nairaland
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| Naira Sustains Bullish Stance Despite Dollar’s Aggressive Gains by Mateco556: 12:24pm On Apr 12 |
Amidst the dollar’s recent robust performance, the Nigerian naira steadfastly maintained its bullish trajectory this week, bolstered by lingering concerns over persistent inflation and expectations of delayed interest rate hikes by the Federal Reserve. Surging to a four-month high of N1,120 per dollar on the black market, the naira’s ascent was fueled by heightened activity in... https://ratecaptain.com/naira-sustains-bullish-stance-despite-dollars-aggressive-gains/ |
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