Seefinish Insights Trends news knowledge Discovery

ReadR

ReadR

ReadR: Read and Share all content, headlines, news and trends results with Seefinish ReadR App.

Discover Content : Trends

Discover real-time trending topics, news headlines, twitter trends, google trends, hashtags, and content from different countries in the world.

Top Countries

Select Country:🌐

Worldwide 🌍 | Nigeria 🇳🇬 | South Africa 🇿🇦 | Kenya 🇰🇪 |Brazil 🇧🇷| Canada 🇨🇦 | United Kingdom 🇬🇧| United States 🇺🇸

See all other continents, locations, categories and associated headlines or trending informations here using

America:
Brazil 🇧🇷| Canada 🇨🇦 | United States 🇺🇸

Africa:
Algeria 🇩🇿 | Egypt 🇪🇬 | Ghana 🇬🇭 | Kenya 🇰🇪 |Morocco 🇲🇦| Nigeria 🇳🇬 | South Africa 🇿🇦 |

Middle East:
Turkey 🇹🇷| Cyprus 🇨🇾 |

Europe:
Finland 🇫🇮| Hungary 🇭🇺 |Germany 🇩🇪| Italy 🇮🇹 | Slovakia 🇸🇰 | Switzerland 🇨🇭 | United Kingdom 🇬🇧

Australia/Oceania: 🌐
Australia 🇦🇺|

Asia:
China 🇨🇳 | Japan 🇯🇵|

Show more
Show less

Headline : Estimators peg exchange rate at N1400/$ as naira finds fair value

Read more from the original article on here at guardian.ng.






Tags : #estimators #peg #exchange #rate #n1400 #naira #finds #fair #value


No. of Paragraph 29

[FILES] A man exchanges Nigeria’s currency Naira for US dollars in Lagos, Nigeria. (Photo by PIUS UTOMI EKPEI / AFP)

• Odior: Naira can regain N1000/$ if govt deals with currency speculation • Naira trades 40 per cent below fair value, says Rewane • Outward-looking policies threaten local production, jobs

After a riotous February, naira seems to be on a new price-discovery path even as multiple estimates agree the currency is currently trading below its “fair value”, suggesting a significant appreciation that will raise the exchange rate to about N1400/$ before the end of the year.

At the weekend, Goldman Sachs, a global leading investment bank, bet on the naira to rally to N1200/$ in the next one year on the strength of return of positive real interest yields, capital inflows and shift to a more orthodox monetary policy framework.

Read more from the original article on here at guardian.ng.


Related Headlines : Estimators peg exchange rate at N1400/$ as naira finds fair value (in Google.com):

Hello, below you have a "Web" tab to read more content and an "Image" tab to get related pictures

Example : Trends, Country, News, Jobs, Scholarships, Investment, Business, Politics, Adverts, Fashion, Events, Technology and more.