The global investment banking, securities and investment management firm Goldman Sachs Group, Inc. yesterday acknowledged the resurgence of the Naira, rating it as one of the best performing currencies currently around the globe.
Goldman Sachs Group Inc. is a highly regarded multinational investment bank and financial services company reputed for its diverse range of financial services. Since Goldman’s call in February, “six weeks have gone by and they’re continuing to hold the line, so that’s encouraging,” he said.Two consecutive interest rate hikes totaling 600 basis points have attracted capital inflows and curbed inflation. April alone saw a 12 per cent appreciation against the dollar, building on a 1 per cent gain in March.
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