Why the Naira’s Swings Send Nigerians to the Dollar

Since the unification of exchange rate windows three years ago, the naira has traded within a defined range instead of following a clear trend. For Nigerian savers and traders, the focus has shifted from managing devaluation risk to adapting strategies for a currency that fluctuates within set boundaries. The relationship between Nigerians and the dollar […] The post Why the Naira’s Swings Send Nigerians to the Dollar appeared first on Nairametrics.