Report Identifies Two Factors That Will Stabilise Naira to Dollar as Analysts Project New Rate

Report Identifies Two Factors That Will Stabilise Naira to Dollar as Analysts Project New Rate

Report Identifies Two Factors That Will Stabilise Naira to Dollar as Analysts Project New Rate …C0NTINUE READING HERE >>>

The anticipated range for the naira exchange rate in the second half of this year is N1,423.26 to N1,550The analysis predicts that the naira will stay steady for the remainder of the year because of World Bank loan and Dangote refineryThe viability of these actions depends on increased cash inflows from higher export earnings and greater crude oil output

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

The second half of this year is expected to see the naira exchange between N1,423.26 and N1,550, according to a…

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