Nigeria’s dollar scarcity to persist till 2018 – Moody’s

Nigeria’s dollar scarcity to persist till 2018 – Moody’s
“The associated local currency weakness increases the cost of servicing unhedged foreign currency debt obligations, reduces repatriated profits in foreign currency and lowers operating margins, as companies are not able to pass on high import costs to the consumer”, added Mr Bate. More »
Nigeria’s dollar scarcity to persist till 2018 – Moody’s Nigeria’s dollar scarcity to persist till 2018 – Moody’s Reviewed by Crude Oil Facilitators on 11:03 Rating: 5

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