Nigeria’s parallel market rates expected to converge further

PUBLISHED: Wed, 02 Sep 2020 13:26:46 GMT


Traders say they expect the parallel market rates to continue to converge with the official rate as the CBN’s secular to resume FX sales to Bureau De Change Operators. Nifemi Adeniyi, Team Lead of Liquidity Management at Access Bank joins CNBC Africa to breakdown activity at the fixed income and FX markets this week….

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.