naira overvalued imf

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    Business Naira is Overvalued- IMF

    The International Monetary Fund, IMF, on Wednesday stated that the Nigerian Naira is overvalued. Gene Leon, IMF mission chief for Nigeria, said this according to a report from Reuters. According to Mr. Leon, the naira overvaluation is “somewhere to the tune of 10 to 20 per cent.” This means...
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