FX: Medium-Term Bullish NGN, KES, GHS, UGX

BMI View: While the short-term outlook is broadly bearish for Sub-Saharan African FX, we are more bullish over the medium term. Presented here are BMI's short- and medium-term targets for the Nigerian naira, the Kenyan shilling, the Ghanaian cedi and the Ugandan shilling.

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