Naira best-performing currency in April, to exchange below N1,000 per Dollar

04/12/2024 7

Goldman Sachs says the continued surge of the Naira against the Dollar has made it the best-performing currency in the month of April.
A report by Goldman Sachs economists said that with the appreciation rate of the Naira in the foreign exchange market, the currency may exchange below N1,000 per Dollar in the coming months.
The think-tank disclosed this in its latest report on Nigeria’s economic realities.
The report stated that the Naira rallied 12 per cent against the Dollar in April, adding to its 14 per cent surge in March.

Written by: bossgmsi

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