Naira eyes N1,390/$ settlement as U.S dollar shows resilience globally

AI Summary

The Nigerian naira is showing cautious optimism this week, targeting an exchange rate of approximately N1,390 per US dollar following a period of steady appreciation. A significant shift in monetary policy has supported the naira's recent strengthening trend. However, the resilience of the US dollar globally introduces uncertainty into the outlook.

The Nigerian naira's outlook for this week is still cautiously optimistic following a period of steady appreciation and a significant shift in monetary policy  The post Naira eyes N1,390/$ settlement as U.S dollar shows resilience globally appeared first on Nairametrics.