ForexIn 2022, foreign exchange management will be one of the major issues that will shape the economy. As recently as last Friday, December 31, 2021, naira traded at N435/dollar at the official market. This was after the CBN adjusted the exchange rate on its website to N413.49 to a dollar. At the parallel market, the exchange rate ranged between N560/$ and N570/$ at the weekend. But April to November witnessed a steady decline in inflation rate as it cascaded to 15.4 per cent in November.

Source: Nigerian Tribune January 03, 2022 01:17 UTC