Nigeria’s naira gains on spot market after central bank rate hike

Capt. John

Nigeria’s naira rose to a five-week high against the dollar in intraday trading on Wednesday, a day after the central bank hiked interest rates to tame inflation and lifted restrictions on foreign investors participating in its fixed-income auctions. The currency rose to 1,200 per dollar on the...

https://www.hellenicshippingnews.com/nigerias-naira-gains-on-spot-market-after-central-bank-rate-hike/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon