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Title: [2016-06-16]Nigerian Naira’s Devaluation May Drive Investors to Bitcoin Post by: Blawpaw on June 16, 2016, 11:07:39 PM Nigerian Naira’s Devaluation May Drive Investors to Bitcoin
Now, Nigeria is also falling into the same category, thanks to the falling oil exports following international conflicts. In the current economic structure, the majority of international trades are carried out using reserve currencies – the US Dollar. While imports and exports are vital for the countries to maintain economic growth, the value of the native currency against the reserve currency determines the country’s capability in smooth trading... read more (http://www.newsbtc.com/2016/06/16/naira-devaluation-and-bitcoin/) |