April Sees Volatile Nigerian Currency Rise 12% to Become Best-Performing Currency
The Nigerian Naira has recovered since March, after months of persistent depreciation, and is now the best-performing fiat currency in April. The naira’s momentum can only be sustained, according to Goldman Sachs analyst Andrew Matheny, if officials continue on their current path. Preserving the Naira’s Momentum The Nigerian naira, which gained 12% vs the US … Read more