Scarred Investors Want Naira to Prove Itself

Nigeria's latest attempt to ease the dollar shortage choking its economy is dependent on traders trusting the central bank. The monetary authority opened a foreign-exchange window for investors and exporters Monday where the naira trades between the interbank rate and the black-market rate, which many Nigerians use to access dollars. In the weeks before the..."The post Scarred Investors Want Naira to Prove Itself appeared first on OsunDefender.
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