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S&P Global Ratings

Money market, News

Naira to further depreciate in 2024 — S&P Global Ratings warns

By Sodiq Adelakun The Naira is expected to face significant challenges in 2024. The exchange rate is predicted to further depreciate due to Nigeria’s stagnant reserves, which restrict the availability of foreign exchange (FX), according to projections by Standard and…

NewsDirect
January 23, 2024