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Nairaland Forum / Nairaland / General / Business / Can Naira Ever Compete With The Dollar? (98 Views)
Can Naira Ever Be This Strong? / Why The Naira Is Now Gaining Against The Dollar / Will Naira Ever Get Back To #100 For A Dollar? (2) (3) (4)
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Can Naira Ever Compete With The Dollar? by Stephenzzz: 8:36am On Nov 22, 2023 |
The Nigerian economy faces persistent structural challenges that hinder the naira from capitalizing on the recent decline of the US dollar, despite the dollar index hitting its lowest point in two months. Pressure on the naira persists as black market currency speculators exert influence following the Central Bank of Nigeria’s (CBN) second postponement of its Monetary Policy Committee (MPC) meeting since Governor Olayemi Cardoso’s appointment in September. The delay raises concerns about........ https://ratecaptain.com/can-naira-ever-compete-with-the-dollar-structural-issues-impede-nairas-gain-despite-dollar-decline/ |
Re: Can Naira Ever Compete With The Dollar? by abobote: 9:23am On Nov 22, 2023 |
Can third world countries ever compete with the first world countries? |
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