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Naira overvalued by 200%, may be devalued – Rewane

By
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On 9th August 2022
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At 5:41 am
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In Business
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The Nigerian currency is over-valued by 200 percent and the Investors and Exporters (I&E) foreign exchange window rate may be devalued next month, Bismarck Rewane, managing director of Financial Derivatives Company Limited (FDC). The naira has depreciated against the dollar across the Nigerian foreign exchange market in recent weeks. It fell to N431 per dollar, […]

read more Naira overvalued by 200%, may be devalued – Rewane

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