Nigeria's Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation

Retrieved on: 2022-11-20 11:16:39

Tags for this article:

International organizations

World

Economy

Nigerian naira

Monetary policy

Central Bank of Nigeria

Devaluation

International Monetary Fund

Nigeria

Godwin Emefiele

US Dollar

Click the tags to see associated articles and topics

Nigeria's Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation. View article details on HISWAI: https://news.bitcoin.com/nigerias-rising-inflation-and-foreign-exchange-shortages-fueling-devaluation-speculation-imf-mission/

Excerpt

As has been reported by Bitcoin.com News, Nigeria officially pegs its currency at just under 450 nairas for every dollar. However, in practice, many ...

Article found on: news.bitcoin.com

View Original Article