FX Outlook: When can we expect uninterrupted supply in the market?

by | January 9, 2017 4:56 am

 The exchange rate of N305/$ is neither a realistic nor an effective price of the currency at this time. This is because you cannot get dollars at this price unconditionally. In the parallel market, the naira is trading at N495/$, whilst transfers are going at N505/$.   Any market structure where the same product is…

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