Thursday 30 April 2015

Nigeria's forex reserves fall 1 pct to $29.5 bln by end-April

 
Nigerian forex reserves fell 1 percent month-on-month to $29.5 billion by April 28, from $29.8 billion a month earlier.

The Central Bank of Nigeria announced this yesterday in Abuja.


The country's external reserves were down 22.6 percent year-on-year when they stood at $38.14 billion.

The CBN has used its forex reserves to support the local currency in the wake of falling global oil prices.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Journalist Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation

Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...