WEEKAHEAD-AFRICA-FX-Presidential election outcome to buoy Nigerian naira

April 2, 2015 4:13 PM

67 0

LAGOS, April 2 (Reuters) - Nigeria's naira could firm against the dollar on the parallel market next week after a peaceful election but Kenya's shilling could weaken after a deadly attack by Islamists which could further hit tourism.

The naira firmed to 210 to the dollar on the parallel market from 226 a week ago after opposition leader Muhammadu Buhari won in a vote that avoided the violence of previous polls.

Also read: U.S. motor travel up 1.5 percent in April from year ago: DOT

Read more

To category page