Business
Nigeria’s forex reserves higher
Published By
PM NEWS Live
Date
29th August, 2012
The Central Bank of Nigeria (CBN) said on Wednesday that the nation’s external reserves hit $38.4 billion (N59.3 trillion) on 27 August.
It was $38 billion (N58.9trillion) on 24 August.
The bank said on its official website that the $374 million jump, the highest in the month, represented a 3.7 per cent increase.
After the January low of $32.9 billion, Nigeria’s forex reserve has continued to grow.
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