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Will there be any noticeable improvement in dollar liquidity in Nigeria’s parallel market within the next 72 hours, as a secondary reaction to global oil market developments and improved supply expectations?
Outcome: NO
How this forecast is settled
Will dollar liquidity improve in 72 hours? FX sentiment can react fast, but actual cash availability in the parallel market usually depends on direct supply—not just oil-driven optimism.
Resolution
NO because better oil market sentiment did not quickly translate into more dollars being available in Nigeria's parallel market within 72 hours. Actual cash supply usually takes longer to improve. Within 72 hours, there was no clear evidence of a noticeable improvement in dollar availability in Nigeria's parallel (black) market.
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