Tag: Naira Set For Further Depreciation In 2024 – Bloomberg
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Naira Set For Further Depreciation In 2024 – Bloomberg
The naira has been designated one of the world’s poorest-performing currencies in 2023, according to Bloomberg’s latest report. The currency is poised for its most challenging year since the return to democracy in 1999, with analysts forecasting further depreciation in 2024. Bloomberg highlighted that the Naira experienced a significant 55 percent plunge this year,…