Naira to weaken further on low dollar inflow

Naira to weaken further on low dollar inflow

The nation’s currency, naira is expected to depreciate further next week following low dollar inflow from Nigerians in the Diaspora into the country. Currency dealers in Lagos said on Thursday that the dollar inflow from abroad during the yuletide was below expectation. Naira yesterday remained stable at the Bureau De Change (BDC) segment and the…

This content is for Standard Digital Monthly Subscription, Premium Digital Monthly Subscription, Standard Digital Yearly Subscription, Premium Digital Yearly Subscription, WSJ 5 DAY TRIAL and 30-Day Corporate Subscription members only.
Log In Register

Related Posts