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Nairaland Forum / Nairaland / General / Politics / Nigeria's Dollar Reserves Drop To $24.59b (320 Views)
External Reserves Drop For First Time Since December / Nigeria’s Foreign Reserves Drop To $24.74billion – Minister / External Reserves Drop To $24bn (2) (3) (4)
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Nigeria's Dollar Reserves Drop To $24.59b by dipoolowoo: 4:11pm On Sep 30, 2016 |
By Modupe Gbadeyanka Report released by the Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves fell to $24.59 billion as at September 28, 2016. This showed a 3.37 percent slump from the previous month. The CBN, which released this figure on Friday, September 30, 2016, noted that it was stepping up its intervention to boost the free-falling Naira. In August 2016, Nigeria’s reserves remained at $25.45 billion. http://www.businesspost.ng/2016/09/30/nigerias-dollar-reserves-drop-to-24-59b/
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