With the recent hike in interest rates by CBN, Investors may be drawn by higher interest rates in the short term, but sustained high rates could stifle economic growth.
“Dollar Sells Cheaper in The Parallel Market as the Naira Crashes in Official Window - Legit.ng”
“Dollar Sells Cheaper in The Parallel Market as the Naira Crashes in Official Window - Legit.ng”
The Nigerian currency strengthened in the parallel market to trade at N1,280 per dollar as the naira depreciated marginally in the official market recently.