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Thursday, 31 October 2013

Nigeria forex reserves fall 1.4 pct to $45.14 bln by oct. 24

Nigeria's foreign exchange reserves  declined 1.4 percent month-on-month to $45.14 billion by Oct. 24, but were up 6.7 percent from the same period last year, central bank data showed on Thursday.    
 The foreign exchange reserves of Africa's top crude exporter and second biggest economy stood at $45.78 billion a month earlier.
  The reserves were higher than the $42.31 billion a year ago.

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