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Further Discussions => Banks & Cryptos => Topic started by: sirty143 on July 04, 2023, 06:02:11 AM

Title: Nigeria Currency Presently Undervalued Says Bank of America Analysts
Post by: sirty143 on July 04, 2023, 06:02:11 AM

Nigeria Currency Presently Undervalued Says Bank of America Analysts

(https://i.imgur.com/9GG7Y5Vm.jpg)

According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. See more for yourself here (https://news.bitcoin.com/nigeria-currency-presently-undervalued-says-bank-of-america-analysts/).

Your opinion is greatly appreciated.

Title: Re: Nigeria Currency Presently Undervalued Says Bank of America Analysts
Post by: cryptoworld1 on September 08, 2023, 07:52:52 PM

According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium term.

(https://static.news.bitcoin.com/wp-content/uploads/2023/07/ddc123.jpg)