Naira Surges Against Dollar, Hits 5-month High
The Naira has surged against the US Dollar, surpassing key resistance levels to trade below N1,000 in certain segments of the black market as of late Sunday. This rally aligns with earlier forecasts by Goldman Sachs and coincides with increased global geopolitical tensions. Economists from Goldman Sachs anticipate the Naira's bullish trend to continue, potentially driving the exchange rate below N1000 per US dollar in the coming months. This positive […]
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