NIGERIAN NAIRA / U.S. DOLLAR

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Traders_insight Traders_insight PRO NGNUSD, D, Short ,
NGNUSD: Devaluation coming
21 0 1
NGNUSD, D Short
Devaluation coming

Nigeria's economy has taken a huge hit from the decline in oil prices over the past few months. However, the currency peg has not changed. At some point the currency is going to have to be devalued.

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