Emefiele expects naira to appreciate in 2018

Emefiele expects naira to appreciate in 2018

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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