Foreign exchange reserves drop to $38.7bn

November 3, 2014 |

The country’s foreign exchange reserves fell 1.94 per cent month-on-month to stand at $38.76bn on October 29, the lowest level in more than three months, according to data from the Central Bank of Nigeria. The reserves also dropped 14.28 per cent year-on-year, compared with $45.22bn the same time last year. The reserves were last seen […]

Category: Business

About the Author ()

Comments are closed.