Viewing a response to: @adaezeinchrist/ask-leo-where-is-naira-moving-too
It is a terrible economic environment now. Too much debt, excessive Government money printing leading to high Inflation so the Interest rates are increased to fight inflation making all goods that are denominated in USD more expensive. There are a lot of factors but I point to the monetary policy of the US Central bank, the Federal Reserve, as the primary cause.
author | kerrislravenhill |
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permlink | re-adaezeinchrist-20221030t111659643z |
category | hive-167922 |
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My dear, you are right. Let us keep praying for our country.
author | adaezeinchrist |
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permlink | re-kerrislravenhill-20221030t192010239z |
category | hive-167922 |
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