How inadequate external earnings rob Nigeria of stable exchange rate

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Country should target FDI to boost forex reserves Govt’s penchant for borrowing not helpful Nigeria’s dream of having a stable exchange rate for its local

Govt’s penchant for borrowing not helpfuligeria’s dream of having a stable exchange rate for its local currency can only be achieved if the country can earn enough foreign exchange to support the level of demand for it, analysts have said.

 

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