external reserves
External reserves drop by $4.9bn in nine months
Between March and November this year, the country’s external reserves dropped by $4.99bn from $44.79bn to $39.8bn, the Central Bank…
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External reserves sink to five-month low of $43.67bn
The nation’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29 days, latest data…
$482m external reserves decline linked to falling oil prices
Nigeria’s external reserves dropped by $482.18m from N45.14bn as of July 8 to $44.65bn as of August 8, latest statistics…
Naira outlook remains stable as external reserves hit 48-month high of $41.5bn
In line with the trend, the CBN continued its weekly FX interventions last week, injecting $100.0 million on Monday via…
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