The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to Nigeria’s ongoing foreign exchange shortages. One economist expects the pressure on the currency to peak […]
Source: https://news.bitcoin.com/nigerian-currency-becomes-worst-performing-after-erasing-all-early-april-gains/