Naira may not fall below 475, say experts

  |   Nigeria News

Economic and financial experts say the naira may not fall below 475 against the United States dollar between now and end of December.

This, coupled with efforts being made by the regulator to boost forex supply, will make the naira-dollar exchange rate to remain around the 470 mark in the coming weeks, according to him.

The President, Association of Bureau De Change Operators, Alhaji Aminu Gwadabe, said efforts being made by the CBN to boost supply would make the naira to appreciate in coming months.

To read full article -