Bloomberg Markets :press: on Nostr: Naira Seen Benefiting as Forward FX Contract Pressure Shrinks Nigeria’s naira ...
Naira Seen Benefiting as Forward FX Contract Pressure Shrinks
Nigeria’s naira should benefit in coming months from a let-up in pressure from forward central bank foreign exchange contracts, after the market absorbed the equivalent of $1.3 billion last week. #press
https://www.bloomberg.com/news/articles/2024-06-04/naira-seen-benefiting-as-forward-fx-contract-pressure-shrinks?utm_source=press.coop
Nigeria’s naira should benefit in coming months from a let-up in pressure from forward central bank foreign exchange contracts, after the market absorbed the equivalent of $1.3 billion last week. #press
https://www.bloomberg.com/news/articles/2024-06-04/naira-seen-benefiting-as-forward-fx-contract-pressure-shrinks?utm_source=press.coop