Wednesday, 1 April 2015

Nigeria's foreign exchange drops to $29.81 billion by March 27


Nigeria's foreign exchange reserves fell by 4 percent to $29.81 billion by March 27 from $31.06 billion a month earlier.

Data from the central bank showed yesterday.

The data further revealed that the reserves of Africa's top crude oil exporter and biggest economy fell 21.32 percent by March 27 from $37.80 billion last March.

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