Lower oil prices may weaken naira to N380 per dollar analysts

by on Dec 3, 2018 - 1 min read
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Should oil prices continue to decline and fall below Nigerias Medium Term Expenditure Framework (MTEF) benchmark of $60 per barrel, the impact on the countrys economy could include the naira depreciating to $380/$, analysts at Financial Derivatives Company (FDC) have predicted.

Full story link: https://www.today.ng/business/finance/lower-oil-prices-weaken-naira-n380-dollar-analysts-175671


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