Foreign reserves sink below $42bn, lowest in eight months

The nation’s foreign exchange reserves have plunged below $42bn, hitting their lowest level in more than eight months, latest data from the Central Bank of Nigeria have shown. The external reserves, which rose to a high of $47.865bn on May 10, stood at $41.99bn as of October 31, the lowest since February 26. The PUNCH reported…

The post Foreign reserves sink below $42bn, lowest in eight months appeared first on naija-news.com.



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