Nigeria: External Reserves Fall By U.S.$301 Million As Naira Loses Two Kobo

8 January 2014

The nation's external reserves continued its downward trend as it fell by $301 million to $43.31 billion from $43.61 billion in the first six days of 2014.

Meanwhile, the naira depreciated marginally by two kobo at the first foreign exchange auction conducted by the Central Bank of Nigeria, CBN, this year.

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