A financial specialist and an investigator on Wednesday said the race triumph of Donald Trump as U.S. president-choose would not influence the Naira.
They told the News Agency of Nigeria (NAN) in phone meets that Nigeria ought to center
more on arrangements that would restore the economy.
Mr Okechukwu Unegbu, previous Managing Director of Citizens Bank, said “the crash of U.S. advertises before the declaration of the U.S. presidential race result was pelted.“On our Naira, we only need to look inwards, we can solve our problems not foreigners.“Trump’s win or otherwise cannot help the Naira. Our policies matter a lot. Observing the elections and the markets, you will see that the markets went down because of fear.“Also, he cannot deport immigrants like he has been saying because there are laws.”
“For now, people are afraid, scared of what policies Trump may bring but in the long run,
things will stabilise.“On what his win portends for our naira, it may look like it is jerking up for now but the American presidency has no direct relation with the stability of the Naira.”
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