CBN naira defence depletes foreign reserves by $3.17bn

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Forex scarcity due to falling crude oil price forced the Central Bank of Nigeria to access the country's foreign reserves to make forex available in the economy; NIKE POPOOLA reports that this gulped $3.17bn in the first quarter. The country's foreign reserves ...

from Google Alert - Business https://ift.tt/3g0zT8b
Forex scarcity due to falling crude oil price forced the Central Bank of Nigeria to access the country's foreign reserves to make forex available in the economy; NIKE POPOOLA reports that this gulped $3.17bn in the first quarter. The country's foreign reserves ... https://ift.tt/eA8V8J

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