08/10/2026
Naira Among Africa’s Most Resilient Currencies In 2026
Naira Among Africa’s Most Resilient Currencies In 2026 Naira’s maximum depreciation between March and June was 2.6 percent, compared with 10 percent for Ghana’s cedi. Only 10 of 22 African currencies tracked by the World Bank remained weaker than their end-February positions by August. Higher oil prices and stronger foreign exchange inflows helped shield Nigeria from some of the currency pressures experienced by other African economies....
Naira Among Africa’s Most Resilient Currencies In 2026 Naira’s maximum depreciation between March and June was 2.6 percent, compared with 10 percent for Ghana’s cedi. Only 10 of 22 African currencies tracked by the World Bank remained weaker than their end-February positions by August. Higher ...