Analysts Fear Cbn's Weak Forex Reserves Will Erode Foreign Participation In Economy

13 Days(s) Ago    👁 56
analysts fear cbns weak forex reserves will erode foreign participation in economy
LAGOS Analysts say external risk due to uncertainties around the heightened geopolitical tensions and foreign investor concerns about CBN's weak foreign exchange reserves amid the weak macroeconomic picture would limit foreign participation in the nation's economy in short term. They also argued that the elevated global interest rates and geopolitical tensions may keep foreign