Tue, Oct 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Nigerian foreign reserves tumble to $33.9 bln

Posted on 27 October 2010

From Bloomberg: Nigeria’s foreign-exchange reserves fell 7.6 percent to $33.9 billion in the month to Oct. 21, according to data on the Central Bank of Nigeria website, as the bank sold dollars to prop up the value of the naira.
Reserves fell from $36.7 billion the month earlier, the bank said, and are down from a high of $58.3 billion in March 2008……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14989 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031