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🔥👀 What could be reason for this According to the Bank of America (BofA), Nigeria's local currency is expected to weaken even more over the course of the following year because its present exchange rate to the dollar is far higher than fair value.

https://www.wikifx.com/en/news....detail/2022111018645

CONCERNS AS AMERICA'S BANK FORESEES A 20% DEVALUATION OF THE NAIRA IN 2023-News-WikiFX
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CONCERNS AS AMERICA'S BANK FORESEES A 20% DEVALUATION OF THE NAIRA IN 2023-News-WikiFX

WikiFX News: According to the Bank of America (BofA), Nigeria's local currency is expected to weaken even more over the course of the