Emefiele expects naira to appreciate in 2018

by | October 30, 2017 1:55 am



Nigeria’s central bank governor, Godwin Emefiele, says he expects the naira to appreciate into 2018 as oil prices trend higher and production levels remain high. At the Investor and Exporters (I&E) FX window, the naira exchanges at N360 per dollar, and on the parallel market at around N363 per dollar, mirroring rates for investors. “The…

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