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Nalezeno "the end": 2310

Nigeria Currency Presently Undervalued Says Bank of America Analysts


According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium...

2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023


Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, they estimate the benchmark bank rate to fall within the range of 5.5% to 5.75%...

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