The nation's external reserves rose by $1.68 billion to $45.86 billion in January while the Central Bank of Nigeria (CBN) sold $833.5 million at its bi-weekly foreign exchange auction.
Data published by the CBN showed that the external reserves rose from $44.178 billion as at December 28, 2012 to $45.858 as at January 29th, representing 3.8 per cent increase.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article